The post Polymarket CEO confirms readiness to launch in US after CFTC event contract ruling appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket is set to launch US operations after the CFTC issued a no-action letter regarding event contracts. The company’s $112 million acquisition of QCEX’s holding company establishes Polymarket US and Polymarket Clearing for regulated prediction contract trading. Polymarket CEO Shayne Coplan said the Commodity Futures Trading Commission’s (CFTC) recent no-action letter on event contracts provides the regulatory clarity needed for the platform to go live in the US. In a statement praising the regulator, he described the process as completed in record time and called it a breakthrough in bringing Polymarket’s markets to American users. Polymarket has been given the green light to go live in the USA by the @CFTC. Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing. Stay tuned https://t.co/NVziTixpqO — Shayne Coplan 🦅 (@shayne_coplan) September 3, 2025 On Wednesday, the CFTC’s Division of Market Oversight and Division of Clearing and Risk said they would not recommend enforcement action against QCX LLC, a designated contract market, and QC Clearing LLC, a derivatives clearing organization, over certain swap-related compliance issues. The federal commodity regulator noted that the relief is conditional and limited in scope, applies only in specified circumstances, and is consistent with past CFTC no-action positions for other exchanges and clearinghouses. Polymarket acquired these two CFTC-licensed entities for $112 million in July. Now rebranded as Polymarket US and Polymarket Clearing, they provide the regulated exchange and clearing framework for Polymarket’s US platform. The acquisition followed the US Justice Department and Commodity Futures Trading Commission’s closure of their investigations into the company’s compliance issues. Coplan called the move a path “home,” allowing Americans to legally trade prediction contracts. Polymarket is backed by Donald Trump Jr., President Trump’s son. Trump Jr.’s venture capital fund 1789 Capital made an… The post Polymarket CEO confirms readiness to launch in US after CFTC event contract ruling appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket is set to launch US operations after the CFTC issued a no-action letter regarding event contracts. The company’s $112 million acquisition of QCEX’s holding company establishes Polymarket US and Polymarket Clearing for regulated prediction contract trading. Polymarket CEO Shayne Coplan said the Commodity Futures Trading Commission’s (CFTC) recent no-action letter on event contracts provides the regulatory clarity needed for the platform to go live in the US. In a statement praising the regulator, he described the process as completed in record time and called it a breakthrough in bringing Polymarket’s markets to American users. Polymarket has been given the green light to go live in the USA by the @CFTC. Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing. Stay tuned https://t.co/NVziTixpqO — Shayne Coplan 🦅 (@shayne_coplan) September 3, 2025 On Wednesday, the CFTC’s Division of Market Oversight and Division of Clearing and Risk said they would not recommend enforcement action against QCX LLC, a designated contract market, and QC Clearing LLC, a derivatives clearing organization, over certain swap-related compliance issues. The federal commodity regulator noted that the relief is conditional and limited in scope, applies only in specified circumstances, and is consistent with past CFTC no-action positions for other exchanges and clearinghouses. Polymarket acquired these two CFTC-licensed entities for $112 million in July. Now rebranded as Polymarket US and Polymarket Clearing, they provide the regulated exchange and clearing framework for Polymarket’s US platform. The acquisition followed the US Justice Department and Commodity Futures Trading Commission’s closure of their investigations into the company’s compliance issues. Coplan called the move a path “home,” allowing Americans to legally trade prediction contracts. Polymarket is backed by Donald Trump Jr., President Trump’s son. Trump Jr.’s venture capital fund 1789 Capital made an…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more