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
The post Polymarket Files for Margin Trading License as US Expansion Accelerates appeared on BitcoinEthereumNews.com.
Polymarket files for a U.S. FCM license to offer margin trading as CFTC approval and added user checks remain required. Polymarket is seeking U.S. approval to offer margin trading, according to Bloomberg. The move could let users trade prediction markets without posting full capital upfront. The application was filed on July 3 through Coming Home GBA LLC. The affiliate applied for a futures commission merchant license with the National Futures Association. Polymarket also needs approval from the Commodity Futures Trading Commission. That approval would allow changes to its rulebook for non-fully funded trading. The filing shows how prediction markets are moving closer to regulated financial markets. It also marks another step in Polymarket’s U.S. expansion plans. Polymarket Seeks U.S. Margin Trading Approval Polymarket operates prediction markets tied to real-world even
The post Wall Street banks restrict staff trading on prediction markets appeared on BitcoinEthereumNews.com.
Major Wall Street banks are tightening employee rules for prediction markets as concerns grow over the use of confidential information on platforms such as Polymarket and Kalshi. Summary Wall Street banks are restricting employee prediction-market trades as concerns about confidential information use increase. Goldman Sachs bars contracts tied to finance, politics, macroeconomics, geopolitics, and bank-specific events for staff. Federal cases and congressional probes are pushing platforms and employers toward tighter surveillance and compliance. Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America have added or updated restrictions covering event contracts, according to a Reuters report. The policies aim to reduce insider trading and conflict-of-interest risks. Goldman Sachs limits financial and political trades Goldman Sachs has prohibited employees from trading pr
Polymarket files for a U.S. FCM license to offer margin trading as CFTC approval and added user checks remain required. Polymarket is seeking U.S. approval to offer margin trading, according to Bloomberg. The move could let users trade prediction markets without posting full capital upfront. The application was filed on July 3 through Coming Home […]
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The post North Carolina Backs CFTC Oversight of Prediction Markets appeared on BitcoinEthereumNews.com.
The post North Carolina Backs CFTC Oversight of Prediction Markets appeared first on Coinpedia Fintech News North Carolina has passed a law recognizing the Commodity Futures Trading Commission (CFTC) as the primary regulator of prediction market platforms such as Kalshi and Polymarket, making it one of the few states to support federal oversight instead of treating them as gambling operators. Signed on July 7, the law imposes a 6% tax on … Source: https://coinpedia.org/crypto-live-news/north-carolina-backs-cftc-oversight-of-prediction-markets/
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across Polymarket and Kalshi.
Polymarket filed for FCM registration with the NFA, aiming to offer regulated leveraged trading to US users — amid a parallel CFTC marketing investigation.
The post Margin Trading Arrives on Polymarket: Will Polymarket Hoover All Hyperliquid Liquidity? appeared first on 99Bitcoins.
The post Polymarket Margin Trading Returns with Regulatory Push appeared on BitcoinEthereumNews.com.
Polymarket is making its boldest move yet to reclaim a foothold in the United States — and this time, it wants to let American users bet on real-world events without putting up the full cash upfront. The platform’s U.S. affiliate, Coming Home GBA LLC, has filed for a futures commission merchant license with the National Futures Association, the first formal step toward offering Polymarket margin trading to domestic customers. Key takeaways Polymarket’s U.S. affiliate, Coming Home GBA LLC, filed for a futures commission merchant license with the National Futures Association. Polymarket also needs separate Commodity Futures Trading Commission approval to amend its rulebook and allow trading without fully collateralized positions. The platform is re-entering the U.S. after a four-year ban tied to a $1.4 million CFTC settlement over unregistered event-based derivatives. Prediction market vo
