The return of the crypto prediction market Polymarket to the US has been postponed amid complications arising from the ongoing federal government shutdown, according to Front Office Sports.
The prediction market had been set to relaunch after self-certifying its sports and event contracts with the Commodity Futures Trading Commission on September 30, however the government closed the next day, which halted the review process.
Under Commodity Futures Trading Commission rules, the agency typically has one business day to object to self-certification before it becomes active. Because the shutdown began immediately after Polymarket’s filing, that review window was never completed.
A former Commodity Futures Trading Commission official told Front Office Sports, “100% yes,” when asked if the shutdown could be responsible for the delay.
