Polymarket Moves Closer to U.S. Margin Trading With Key Regulatory Filing
The post Polymarket Moves Closer to U.S. Margin Trading With Key Regulatory Filing appeared on BitcoinEthereumNews.com. Polymarket has begun seeking U.S. approval for margin trading. CFTC approval is needed to allow non-cash-collateralised trades. The largest prediction market platform, Polymarket, is not a place where people bet on elections anymore. The platform is making a deliberate push toward institutional territory. On July 3, Polymarket filed an application through its affiliate, Coming Home GBA LLC, to operate as a futures commission merchant with the National Futures Association. That is a regulatory step which would allow the platform to offer margin trading to U.S. users for the first time. Margin trading lets users open leveraged positions by borrowing funds, controlling larger positions without putting up the full capital upfront. For prediction markets, that’s a significant upgrade. One that shifts the platform from a retail-first product to something that institutiona