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CFTC Green Light Paves Path for Polymarket App Launch in U.S.

Freepik Polymarket Launches App With Cftc Green Light In U 18320

CFTC Green Light Paves Path for Polymarket App Launch in U.S.

Polymarket Returns to U.S. With CFTC-Approved Mobile App

Polymarket has made its U.S. comeback with a mobile app that lets users trade on sports and proposition markets using real money, now fully regulated under federal oversight. The company announced the launch Wednesday on X.

Currently available on iOS through a waitlist rollout, the app will soon expand to Android.

The return follows a 2022 regulatory setback, when the Commodity Futures Trading Commission (CFTC) barred Polymarket from U.S. operations over unregistered event-based derivatives, resulting in a $1.4 million settlement. Since then, the platform has restructured to comply with federal rules.

With CFTC approval, Polymarket now operates as an intermediated exchange, similar to traditional commodities platforms, emphasizing that it is not a sportsbook but a venue for trading real-world event outcomes.

The app initially focuses on sports markets, with plans to expand into proposition bets. Its U.S. return comes amid growing interest in prediction markets as alternatives to polls and punditry, providing insights into public expectations around elections, policy decisions, and economic events.

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