Polymarket Asks CFTC to Lift Trading Ban

Prediction market platform Polymarket is actively seeking to have the Commodity Futures Trading Commission (CFTC) lift the trading ban that prevents U.S. customers from accessing its services. Since a 2022 settlement with the CFTC, Americans have been technically barred from using the platform. Polymarket is now engaging with the regulatory body to negotiate an end to this prohibition, aiming to re-open its prediction markets to the U.S. user base. This move signifies a potential shift in regulatory engagement for decentralized prediction platforms.