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?
5 answers
Chloe_emma_researcher
Sat Dec 28 2024
Polymarket restricted access for US customers starting from 2021.
CryptoGladiatorGuard
Fri Dec 27 2024
This decision came after a legal settlement with the Commodity Futures Trading Commission.
MysticStorm
Fri Dec 27 2024
The Commodity Futures Trading Commission accused Polymarket of operating an unregistered derivatives-trading platform.
Bianca
Fri Dec 27 2024
The accusation led to the agreement that restricted Polymarket's services to US residents.
MountFujiVista
Fri Dec 27 2024
Despite the settlement, Polymarket continues to operate in other regions, adhering to local regulations.