Polymarket is in active talks to lift the four-year ban blocking Americans from its main international platform, a far bigger ask than its stalled U.S. beta.
Posted April 29, 2026 at 6:11 am EST.
Polymarket is seeking approval from the Commodity Futures Trading Commission to lift the ban blocking U.S. traders from its main international exchange, Bloomberg reported Tuesday, citing people familiar with the matter.
The company has discussed lifting the prohibition with CFTC officials in recent weeks. One option under consideration involves merging the blockchain infrastructure of its primary, crypto-native platform with the regulatory licenses held by its existing domestic exchange, which was built after Polymarket acquired CFTC-licensed clearinghouse QCEX for $112 million in July 2025. Removing the ban would require a formal CFTC vote, though the process could be easier given that four of five commission seats are currently vacant, leaving only Chairman Michael Selig in a position to act.
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The talks come four years after Polymarket agreed in a 2022 settlement to ban U.S. users and pay a $1.4 million civil penalty for operating an unregistered binary options facility.
As Unchained previously reported, Polymarket quietly relaunched in the U.S. in beta mode in November following CFTC approval, and then opened the app to waitlisted users in December.
However, the Polymarket US platform has seen limited activity, focusing primarily on sports markets while lacking the full contract depth of its international exchange. The main exchange, by contrast, handled more than $10 billion in volume in March alone.
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