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Polymarket Resumes U.S. Operations Following CFTC Approval

The CFTC (U.S. derivatives regulator) has cleared Polymarket to operate in the United States, with analysts noting prediction markets could boost user engagement for crypto platforms such as Coinbase.

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Terms & Concepts
  • CFTC (U.S. derivatives regulator): The Commodity Futures Trading Commission oversees U.S. derivatives markets, including futures and options, and enforces regulatory compliance.
  • Prediction Market: A platform where participants trade contracts tied to the outcome of events, with prices reflecting the crowd's probability estimates.
  • Coinbase: A major U.S.-based cryptocurrency exchange that allows users to buy, sell, and store various digital assets.