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Benzinga
Benzinga
Business
Murtuza J Merchant

Polymarket Home Free As Trump-Led DOJ Closes Biden-Initiated Probes

Stuttgart,,Germany,-,11-27-2024:,Person,Holding,Mobile,Phone,With,Logo

Federal authorities have formally ended investigations into crypto-based prediction market Polymarket, signaling a broader shift in U.S. regulatory posture as the Trump administration embraces digital assets.

Quoting sources familiar with the matter, Bloomberg reported on Tuesday that both the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) notified Polymarket this month that their inquiries had concluded.

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