Polymarket Seeks Full CFTC Approval for Its Main Platform: Report

Polymarket has approached the US Commodity Futures Trading Commission (CFTC) about bringing its main on-chain prediction market to the United States, Bloomberg reported today, citing people familiar with the matter. The reported move would mark a notable shift in the platform's push to operate fully within U.S. regulatory bounds. As The Defiant has reported, Polymarket today runs two separate platforms. The main, international on-chain exchange offers predictions on a wide range of event contracts and settles trades on Polygon using its own stable token, backed by USDC; Polymarket US is a more recently launched, separate platform, which provides U.S. users with access through licensed intermediaries, rather than interacting directly with the on-chain protocol.The U.S. arm was built on the back of Polymarket's $112 million acquisition of CFTC-licensed derivatives exchange QCEX, and officially began its rollout in December 2025 after Polymarket had been barred from operating in the U.S. since 2022. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io