Polymarket Poised to Launch Prediction Markets in United States

^{The CFTV has given Polymarket the green light to cooperate in the US market after clearing many regulatory obstacles. The comeback may even coincide perfectly with the start of the NFL season. (Photo: Timon Schneider / Alamy)}

The Commodity Futures Trading Commission (CFTC) issued a letter of no action regarding recordkeeping regulations for Polymarket subsidiary QCX, opening the door for the company to begin offering its prediction markets in the United States.

The CFTC has now certified nearly all documents filed by Polymarket, though the company has yet to announce a US launch date.

Polymarket Overcomes Legal Actions, Regulatory Hurdles

The letter prompted Polymarket CEO and founder Shayne Coplan to post on X, saying that the company was coming to the United States.

“Polymarket has been given the green light to go live in the USA by the CFTC,” Coplan wrote. “Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing.”

If Polymarket launches US operations in the near future, perhaps even in time for this weekend’s opening slate of NFL football games, the world’s leading prediction market website could make a rapid turnaround.

In 2024, the Department of Justice launched an investigation into Polymarket to examine whether it had truly ended its US operations, following the company’s exit from the US market in 2022 after a settlement with the CFTC. 

However, Polymarket’s US fortunes improved in 2025 with the incoming administration of President Donald Trump. In July 2025, both the CFTC and the Department of Justice ended their respective investigations into Polymarket’s activities without charging the firm with any wrongdoing. Polymarket then announced its acquisition of QCX, a derivatives exchange that was registered with the CFTC.

Approval Comes After Trump Jr. Joins Polymarket as Strategic Advisor

Acquiring an exchange that already enjoyed US regulatory approval meant that Polymarket didn’t have to go through the potentially time-consuming process of applying for CFTC registration itself. Back in August, Donald Trump Jr. joined Polymarket as a strategic advisor when his venture-capital firm, 1789 Capital, announced an investment into the company. 

“Polymarket is the largest prediction market in the world, and the US needs access to this important platform,” Trump Jr. said in a statement when he took on his role as an advisor to the company. “I look forward to working with the team to advance its mission of bringing truth and transparency to everyone – including the US.”

Trump Jr. also became an advisor in January to US-based prediction market Kalshi, which has led the efforts to expand the reach of predictive markets in the United States. The company first fought to allow for contracts on US elections before expanding into predictive contracts in sports, a move that has drawn the ire of regulators such as the Nevada Gaming Control Board.

While Polymarket has not allowed Americans to participate on its site since 2022, it has offered markets on a wide range of world events around the globe, including markets on who would become the new pope earlier this year.

The company still faces potential regulatory issues in other countries. In November 2024, the French Gaming Authority (ANJ) said it would take a closer look at the site’s activities after one French user won about $19 million by betting on Trump to win the 2024 US presidential election.