Polymarket presses CFTC to restore U.S. access to its flagship international exchange

Polymarket has been in discussions with the Commodity Futures Trading Commission to allow U.S.-based traders back onto its main international exchange, Bloomberg reported. The talks have taken place in recent weeks and would represent a major change to the company's current U.S. approach. Polymarket has effectively barred Americans from its global platform since a 2022 enforcement action. Separately, it acquired a U.S.-based venue in a $112 million QCEX deal; that platform received CFTC approval in November to operate as a regulated Designated Contract Market, though it has not yet fully launched. Reopening the flagship international exchange to U.S. users would consolidate liquidity, instead of channeling American activity into a separate regulated venue. Polymarket's international order book is where most historical volume has been concentrated, including its deepest political and event-contract markets.