12/3/2025
200 words
1 min read
Polymarket opens US app to waitlisted users after CFTC green light
Overview
Polymarket has opened its app to select users in the US after receiving clearance from a financial regulator for a relaunch. This marks a significant development for the predictions platform, allowing users to engage in betting on sports event contracts.
What Happened
Polymarket, a platform that enables users to make predictions on various outcomes, has begun granting access to its application for certain users in the United States. This move follows the approval from a financial regulatory body, which is crucial for the platform’s operations within the US market. The relaunch signifies a pivotal moment for Polymarket, as it seeks to expand its user base and enhance its offerings.
Impact on the crypto market
- The approval for Polymarket’s relaunch may encourage other prediction markets to seek similar regulatory clearances.
- Increased user engagement on Polymarket could lead to more activity in the crypto betting space.
- The move highlights the evolving relationship between regulatory bodies and cryptocurrency platforms.
- Successful operations of Polymarket in the US may boost confidence in the legitimacy of crypto-based prediction markets.
- The expansion of Polymarket could attract more attention to decentralized finance (DeFi) applications focused on betting and predictions.
Updated: 12/3/2025, 7:21:44 PM
