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Polymarket received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a fully regulated exchange.
After years of operating offshore and settling with the CFTC in 2022, Polymarket’s return to the U.S. as a fully regulated entity now positions it on the same ground as Kalshi. Prediction markets are already in the spotlight, and the timing of this announcement lands as Galaxy Digital and Jump move into market making on both exchanges. The leading platforms are signaling they’re tightening operations ahead of real competition. With Kalshi leading Polymarket in total volume traded over the past month, and generally since the beginning of September, we’ll see if this approval helps level the playing field for the crypto-native favorite.
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