Polymarket issued an official announcement stating it has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to reenter the U.S. market. CEO Shayne Coplan confirmed that the platform, founded in 2020, obtained a no-action letter for QCEX, a registered exchange and clearinghouse purchased in July for $112 million. This regulatory decision allows Polymarket to offer election and event prediction markets. The company had previously settled with the CFTC in 2022 over operating an unregistered derivatives market. A specific timeline for the U.S. relaunch has not yet been disclosed.