After a September decision from a US regulator paved the way for Polymarket's return, the company is reportedly only weeks away from a relaunch.
Prediction platform Polymarket reportedly plans to relaunch trading services in the United States in a matter of weeks.
According to a Tuesday Bloomberg report citing people familiar with the matter, Polymarket plans limited trades for US residents before the end of November, emphasizing sports betting.
The relaunch report came about two months after the US Commodity Futures Trading Commission (CFTC) said it had issued a no-action letter to a crypto derivatives exchange and clearinghouse acquired by Polymarket. This move set the stage for the company to “go live in the USA,” according to CEO Shayne Coplan.
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