🚀 THE U.S. CFTC GIVES THE GREEN LIGHT TO POLYMARKET WITH NEW EXCHANGE QCX

🟢 The Commodity Futures Trading Commission (CFTC) has just issued a "no-action letter" to QCX – the newly acquired exchange by Polymarket, allowing it to operate without fear of penalties within certain specified limits.

> This is considered a turning point as the CFTC becomes increasingly open to the prediction markets after many years of legal tension.

🟢 QCX received an operating license in July before being acquired by Polymarket.
🟢 This approval allows QCX to waive certain reporting and data storage obligations related to event contracts.
🟢 The move reflects a change in stance by the CFTC, which had previously taken a hard line against the industry.
🟢 With the new policy, along with the participation of competitors like Kalshi, the prediction market in the US is entering a period of strong development, attracting the attention of both the political and financial sectors.

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