Overview
- The approval allows Polymarket to onboard brokerages and U.S. customers, with trades routed through futures commission merchants using established custody, clearing, and reporting systems.
- Polymarket says it has implemented enhanced surveillance tools, market‑supervision policies, clearing procedures, and CFTC Part‑16 reporting, with additional intermediated‑trading rules to come before a formal launch.
- Operating as a Designated Contract Market, the venue remains subject to the Commodity Exchange Act, comprehensive CFTC oversight, and self‑regulatory obligations.
- The move follows the company’s 2022 CFTC enforcement case and its acquisition of QCX/QC Clearing, which provided the licensed foundation for a regulated U.S. return.
- Media coverage notes ongoing but unfinalized talks with potential institutional partners, including Galaxy Digital as a liquidity provider and a reported ICE investment under consideration.