Cryptocurrency Q&A Is Polymarket legal?

Is Polymarket legal?

Dreamchaser Dreamchaser Thu Dec 26 2024 | 5 answers 1149
I've been hearing about Polymarket and I'm curious if it's legal. There's a lot of discussion about it but I want to know the official stance. Is Polymarket operating within the law? Is Polymarket legal?

5 answers

Chloe_emma_researcher Chloe_emma_researcher Sat Dec 28 2024
Polymarket restricted access for US customers starting from 2021.

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CryptoGladiatorGuard CryptoGladiatorGuard Fri Dec 27 2024
This decision came after a legal settlement with the Commodity Futures Trading Commission.

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MysticStorm MysticStorm Fri Dec 27 2024
The Commodity Futures Trading Commission accused Polymarket of operating an unregistered derivatives-trading platform.

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Bianca Bianca Fri Dec 27 2024
The accusation led to the agreement that restricted Polymarket's services to US residents.

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MountFujiVista MountFujiVista Fri Dec 27 2024
Despite the settlement, Polymarket continues to operate in other regions, adhering to local regulations.

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