{"id":71762,"date":"2026-04-28T20:16:28","date_gmt":"2026-04-28T20:16:28","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/polymarket-targets-full-us-return-as-cftc-talks-advance-bitcoin-news\/"},"modified":"2026-04-28T20:16:28","modified_gmt":"2026-04-28T20:16:28","slug":"polymarket-targets-full-us-return-as-cftc-talks-advance-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/polymarket-targets-full-us-return-as-cftc-talks-advance-bitcoin-news\/","title":{"rendered":"Polymarket Targets Full US Return as CFTC Talks Advance \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Polymarket held discussions with the CFTC in recent weeks to lift its 2022 ban and bring its main exchange to U.S. users.<\/li>\n<li>A full U.S. return could pit Polymarket directly against Kalshi, deepening competition in a sector processing billions monthly.<\/li>\n<li>CFTC Chair Michael Selig holds the lone commissioner seat, meaning approval may hinge on a single vote.<\/li>\n<\/ul>\n<h2>Polymarket Asks CFTC to Unlock Main Exchange for American Traders<\/h2>\n<p>According to people familiar with the matter <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-28\/polymarket-seeks-cftc-blessing-to-bring-main-exchange-back-to-us\" target=\"_blank\" rel=\"noopener noreferrer\">speaking<\/a> with Bloomberg, <a href=\"https:\/\/srt.bitcoin.com\/polymarket-newsart\" target=\"_blank\" rel=\"noopener noreferrer\">Polymarket<\/a> held discussions with CFTC officials in recent weeks about lifting the prohibition tied to a 2022 enforcement action. The company, which operates its main exchange offshore, wants to bring that platform back to U.S. users directly rather than routing them through its regulated domestic vehicle.<\/p>\n<p>The CFTC charged Polymarket, then operating as Blockratize Inc., four years ago with offering unregistered event contracts to U.S. persons without the required regulatory designations. The company <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/8478-22\" target=\"_blank\" rel=\"noopener noreferrer\">settled<\/a> by paying a $1.4 million civil monetary penalty and agreeing to block American traders from its international platform.<\/p>\n<p>Polymarket did not sit still after that settlement. In July 2025, the company <a href=\"https:\/\/news.bitcoin.com\/polymarket-poised-to-return-to-us-after-cftc-staff-grants-qcx-no-action-relief\/\">acquired<\/a> QCX LLC, a CFTC-registered derivatives exchange and clearinghouse, for approximately $112 million. QCX was rebranded as Polymarket US and gave American traders a compliant path to the platform through licensed brokerages.<\/p>\n<p>The CFTC issued an amended order of designation in late 2025, enabling limited intermediated access for U.S. users. Polymarket soft-launched a domestic version focused on sports and select events, though trading volumes on that platform have not matched the scale or <span>liquidity<\/span> of the main offshore exchange.<\/p>\n<p>That gap appears to be driving the latest push. People familiar with the discussions told Bloomberg that the talks center on integrating the primary exchange\u2019s blockchain-based operations with the domestic QCX licenses, potentially merging the two under a single regulatory framework.<\/p>\n<p>Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), made a <a href=\"https:\/\/news.bitcoin.com\/polymarkets-evolution-from-defi-startup-to-ice-backed-global-platform\/\">strategic investment<\/a> of up to $2 billion in Polymarket, valuing the company at roughly $8 billion. That backing, along with a data <a href=\"https:\/\/news.bitcoin.com\/polymarket-enters-the-newsroom-through-dow-jones-alliance\/\">partnership<\/a> with Dow Jones, has helped position Polymarket as a mainstream financial platform amid rising interest in <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a> for elections, sports, and policy events.<\/p>\n<p>Any formal approval would likely require a vote by CFTC commissioners. The agency currently has only one sitting commissioner, Chair <a href=\"https:\/\/news.bitcoin.com\/michael-selig-confirmed-as-cftc-chair-putting-crypto-market-structure-at-a-regulatory-turning-point\/\">Michael Selig<\/a>, with several vacancies remaining unfilled. That situation could streamline a decision but has drawn scrutiny from lawmakers concerned about concentrated authority.<\/p>\n<p>The CFTC did not immediately comment on the discussions. Polymarket also declined to comment.<\/p>\n<p>If approved, a fully operational U.S. exchange would place Polymarket in direct competition with Kalshi, a CFTC-regulated event contract market that has operated in the U.S. since gaining regulatory clearance. Greater American participation would also bring more <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">trading volume<\/a> under federal oversight rather than fragmented state-level frameworks.<\/p>\n<p>The <a href=\"https:\/\/news.bitcoin.com\/cftc-sues-wisconsin-over-prediction-market-ban\/\">CFTC<\/a> has moved to assert exclusive jurisdiction over <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a>, filing suits against New York and Illinois over conflicts with state gambling laws. Critics have raised concerns about market integrity and the potential for insider trading, pointing to a recent case <a href=\"https:\/\/news.bitcoin.com\/us-doj-arrests-commando-involved-in-maduros-removal-operation-over-insider-trading\/\">involving<\/a> a U.S. soldier accused of using a VPN to trade on classified information through Polymarket\u2019s international platform.<\/p>\n<p>Polymarket\u2019s path from a 2022 enforcement settlement to a potential full U.S. relaunch reflects how crypto-native <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a> have pushed steadily toward regulated status, backed by institutional capital and shifting federal policy.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/report-polymarket-targets-full-us-return-as-cftc-talks-advance\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Polymarket held discussions with the CFTC in recent weeks to lift its 2022 ban and bring its main exchange to U.S. users. A full U.S. return could pit Polymarket directly against Kalshi, deepening competition in a sector processing billions monthly. CFTC Chair Michael Selig holds the [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":71763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71762"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71762"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71763"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}