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Since running afoul of regulators in 2022, Polymarket has technically banned Americans from trading on its international platform while a US-based alternative started by the company has failed to fully launch. In recent weeks though, the company has discussed lifting the prohibition on US-based customers with officials at the CFTC.
“To the extent that there are products available that are taking liquidity out of the United States, we’re going to make sure that we bring that back here into the United States under comprehensive regulation,” Selig said in April 16 testimony before the House Agriculture Committee, which oversees the agency.
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