PANews reported on July 21 that according to Bloomberg, after reaching an acquisition agreement with QCX, Polymarket will legally return to the US market. Previously, Polymarket was required to operate offshore by US federal regulators due to lack of registration, but the US Department of Justice and the Commodity Futures Trading Commission have recently terminated their investigation. This acquisition will enable Polymarket to obtain regulatory approval and officially open to US users. It is understood that Polymarket will acquire the derivatives exchange QCX for $112 million, which was approved by the CFTC to operate on July 9.
Insider: Polymarket to acquire compliant exchange QCX for $112 million
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