Polymarket Secures CFTC Approval to Operate as Regulated U.S. Exchange

3 hour ago

On November 25, 2025, Polymarket received an Amended Order of Designation from the U.S. Commodity Futures Trading Commission (CFTC), officially clearing the way for the world's largest prediction market to reopen to U.S. traders under a fully compliant exchange structure.

The approval allows Polymarket to function like other federally regulated U.S. exchanges, enabling intermediated access through brokerages, futures commission merchants (FCMs), and customers. This shift means users can trade via traditional custody, infrastructure, and reporting channels, moving beyond crypto-native systems.

Founder and CEO Shayne Coplan emphasized that the upgrade reflects the platform's commitment to clarity, transparency, and regulatory maturity, achieved through constructive engagement with the CFTC. He noted that this marks a major milestone for both Polymarket and the prediction-market industry.

As part of the approval, Polymarket has implemented a robust suite of regulatory safeguards, including advanced market-surveillance systems, enhanced supervision policies, updated clearing procedures, and full CFTC Part-16 reporting capabilities. The company will roll out additional rules for intermediated trading prior to its official U.S. relaunch.

Operating under the full Commodity Exchange Act and CFTC regulations, Polymarket's approval signals a significant shift in the U.S. regulatory stance toward prediction markets, potentially setting a precedent for how decentralized and hybrid market structures integrate with traditional financial oversight.