Polymarket receives CFTC approval to amend its designation to provide brokerage access to U.S. users.

PANews reported on November 25th that, according to PR Newswire, the decentralized prediction market Polymarket has received a revised Order of Designation from the U.S. Commodity Futures Trading Commission (CFTC), allowing it to provide compliant market access to users within the United States through an intermediary model. With this approval, Polymarket can directly connect with brokers and users and utilize traditional custody, clearing, and reporting infrastructure through FCM channels. The company stated that it has improved its monitoring, market oversight, clearing processes, and Part 16 regulatory reporting capabilities, and will implement more intermediary trading rules before its official launch.