Catenaa, Thursday September 4, 2025- Polymarket has been cleared to operate in the United States after receiving regulatory relief from the Commodity Futures Trading Commission.
Following the clearance, Polymarket CEO said that it can now go live.
The CFTC’s Division of Market Oversight and Division of Clearing and Risk issued a no-action letter Wednesday.
The letter confirms it would not recommend enforcement against QCX, a designated contract market, and QC Clearing, a derivatives clearing organization, for failing to meet certain swap reporting and recordkeeping requirements.
The approval applies to binary options and variable payout transactions executed under QCX rules and cleared by QC Clearing.
The move follows the end of a federal investigation into Polymarket earlier this summer.
In July, the company announced plans to re-enter the US through its acquisition of derivatives exchange QCEX.
CEO Shayne Coplan said the decision gives Polymarket the “green light” to go live, praising regulators for working quickly.
The platform gained traction during the 2024 presidential election and has recently seen renewed growth.
In July, Polymarket launched more than 11,500 markets, a 44 percent month-over-month increase, though still below its January peak.
CFTC grants Polymarket clearance to launch in US
QCX and QC Clearing included in no-action ruling.
Coplan says approval gives platform “green light.”
Trump Jr. and Musk’s X join as backers.
Polymarket wins CFTC approval to re-enter US markets, securing regulatory clearance as Trump Jr. and Musk’s X join as backers.
