Polymarket will not be able to offer its prediction markets in the U.S. until a government shutdown comes to an end if past precedent is anything to go by. In the past, the Commodity Futures Trading Commission (CFTC) has stayed self-certifications of new markets until the government returns to full activity. The current shutdown began Oct. 1.
However, CFTC Acting Chair Caroline Pham may have both the ability to change that policy and a belief that it should be changed.
Self-certification is a process in which a designated contract market (DCM) notifies the commission that it plans to list a new type of market. If the CFTC doesn’t step in to review or block the market, it may be offered, although it is not technically considered “approved.”
