CentBit.Online – Crypto & Blockchain Expert, Bangladesh
The Commodity Futures Trading Commission (CFTC) has officially granted Polymarket regulatory approval to operate its crypto-powered prediction markets in the United States.
Polymarket, which allows users to trade on the outcome of real-world events using cryptocurrency, has been a pioneer in the blockchain-based prediction market space. This approval marks a major step forward for the platform, giving it the green light to expand its services in a regulated environment and attract a broader user base.
Industry analysts say the decision is a significant milestone for decentralized finance (DeFi) and blockchain innovation, as it signals growing regulatory acceptance of crypto-based derivatives and event markets.
The move could also encourage further institutional investment in Web3-based financial platforms, paving the way for a more transparent and efficient prediction market ecosystem.
Polymarket recently made headlines for its upcoming $200 million funding round led by Founders Fund, showcasing growing investor confidence in blockchain-powered forecasting platforms.
