The supplier of Polymarket prediction markets is free from US surveys after the Ministry of Justice and the Commodity Futures Trading Commission told Polymarket that they had completed their surveys.
The DoJ and CFTC informed Polymarket recently, said a person familiar with the Coindesk affair. Bloomberg reported the news for the first time on Tuesday.
The DoJ was investigating Polymarket last year, would have allowed American users to place bets on the site despite the fact that Polymarket is necessary to block American merchants. Coindesk checked that at least two people based in the United States were able to place bets at the time.
A spokesperson for Polymarket said last year that a FBI raid of the Polymarket founder’s house, Shayne Coplan, was “an obvious political remuneration”. However, the spokesperson did not answer a question of follow-up about the reason why the platform thought.
Doj, CFTC and Polymarket spokesperson refused to comment on Tuesday.
Political prediction markets recently took off in the United States, the CFTC eliminating its efforts in May to block another platform, Kalshi, the United States
More broadly, the American regulatory regime has changed its approach to digital assets since Donald Trump became president for a second term. The Securities and Exchange Commission has dropped more than a dozen investigations and active judicial affairs against cryptographic companies, while banking regulators have released their examination of financial services companies who wish to engage in Crypto activities.
The congress is also about to send a bill that would governed the stablecoins to the Trump office to be promulgated. The House of Representatives is also about to advance a bill which would change the way in which regulators address the markets of digital assets in general.
UPDATE (July 15, 2025, 5:02 pm UTC):: Add CFTC refusing to comment.
