According to the latest news, the crypto assets prediction market Polymarket is about to re-enter the U.S. market, marking a significant breakthrough for the platform in terms of regulatory compliance. Polymarket was previously forced to move its operations overseas due to regulatory issues, but now, through the acquisition of the derivatives trading exchange QCX, it has successfully secured a passport to return to the U.S.



The acquisition deal is worth $112 million, which not only gives Polymarket the qualification for legitimate operation but also demonstrates the positive attitude of the Crypto Assets industry towards Compliance. It is noteworthy that QCX just received operational approval from the Commodity Futures Trading Commission (CFTC) earlier this month, paving the way for Polymarket's return.

At the same time, the U.S. Department of Justice and CFTC have concluded their investigation into Polymarket, which undoubtedly provides favorable conditions for the platform's repositioning in the U.S. market. This series of developments indicates that regulatory agencies are gradually adapting to and accepting innovative financial platforms, while also reflecting that the crypto industry is striving to adapt to the existing regulatory framework.

The return of Polymarket may bring new vitality to the crypto prediction market in the United States. As a platform that allows users to predict and trade on the outcomes of various events, the legalization of Polymarket's operations will provide more opportunities for participation for U.S. users, while also potentially driving the entire industry towards a more regulated and transparent direction.

This event may signal that the cryptocurrency industry is finding a balance with traditional financial regulation. As more platforms seek compliance in their operations, we may see more similar acquisitions or restructuring cases, which will help build a more mature and stable crypto financial ecosystem.
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BTCBeliefStationvip
· 07-24 15:21
Compliance? Hurry up!
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FrontRunFightervip
· 07-24 12:04
watch out for their dark forest tactics... compliance is just another smokescreen for MEV extraction
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TideRecedervip
· 07-21 23:33
Play is play, but compliance is the most important. 666
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HodlKumamonvip
· 07-21 15:50
Be compliant, let the data speak~!
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PonziDetectorvip
· 07-21 15:49
Compliance is only a matter of time, take it slow.
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MEVSandwichvip
· 07-21 15:40
Rug Pull came back, it's fine.
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OldLeekNewSicklevip
· 07-21 15:25
Compliance Compliance, suckers are getting new hoes.
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