Polymarket Gets CFTC ‘Green Light’ to Return to US, CEO Says
Polymarket secured CFTC approval to operate prediction markets in the US after acquiring licensed entities for $112 million and receiving regulatory clearance.
CFTC issued no-action letter allowing Polymarket's US operations through QCX LLC and QC Clearing LLC acquisitions.
CEO Shayne Coplan called the regulatory decision a green light for launching compliant prediction contracts domestically.
Donald Trump Jr joined Polymarket's advisory board as the company positions to dominate US prediction markets.
Polymarket is set to launch US operations after the Commodity Futures Trading Commission issued a no-action letter regarding event contracts. The decision, announced Wednesday, confirms limited and conditional policy relief but marks a pivotal step toward regulated prediction markets in the US.
The regulator clarified that QCX LLC, a designated contract market, and QC Clearing LLC, a derivatives clearing organization, would not face enforcement actions over swap-related compliance issues. The ruling brings the exchanges in line with past CFTC positions for other market operators.
CEO Shayne Coplan Calls CFTC Letter “Green Light” for US Launch
Polymarket CEO Shayne Coplan praised the CFTC in a post on X (formerly Twitter) on Wednesday, September 3, hinting that the no-action letter offers the green light needed for the company to begin operations to trade prediction contracts under a legal framework in the US.
Polymarket has been given the green light to go live in the USA by the @CFTC.
Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing.
Donald Trump Jr., whose venture capital arm, 1789 Capital, invested in Polymarket earlier this year, has joined Polymarket’s advisory board as it expands operations into the US. With regulatory approval, acquisition of licensed entities, and high-profile political support, Polymarket is now in pole position to dominate the prediction market space within the US.
Pepenode Presale Gains Traction as Prediction Markets Enter US
As Polymarket brings prediction contracts into regulated markets, traders speculating on memecoins are flocking toward Pepenode, a mine-to-earn memecoin that lets users build their own virtual server rooms to generate rewards.
Pepenode Presale
The Pepenode presale has already raised $565,500 out of a $707,892 target, with the token priced at $0.0010407 before the next increase. Holders can buy meme nodes, upgrade facilities, and earn staking rewards up to 2,863% APY, with airdrops including $PEPE and $FARTCOIN for top miners.
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I’m a research analyst with experience supporting Web3 startups and financial organizations through data-driven insights and strategic analysis. My goal is to help organizations make smarter decisions by bridging the gap between traditional finance and blockchain innovation.
With a background in Economics, I bring a solid understanding of market dynamics, financial systems, and the broader economic forces shaping the crypto industry. I’m currently pursuing a Master’s degree in Blockchain and Distributed Ledger Technologies at the University of Malta, where I’m expanding my expertise in decentralized systems, smart contracts, and real-world blockchain applications.
I’m especially interested in project evaluation, tokenomics, and ecosystem growth strategies, as these are areas where innovation can drive lasting impact. By combining my academic foundation with hands-on experience, I aim to provide meaningful insights that add value to both the financial and blockchain sectors.
