The post Polymarket readies US comeback with sports betting focus appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket, a blockchain-based prediction market, is planning a US return focused on sports betting. The firm cleared past probes and secured CFTC-licensed infrastructure through its QCX acquisition. Polymarket, the blockchain-based prediction market platform, is preparing to reenter the US with a focus on sports betting, Bloomberg reported. Initial trading could start by late November, with limited access during the rollout. The relaunch marks a major comeback for the firm, which paid a $1.4 million CFTC fine in 2022 and moved offshore. Polymarket has since acquired QCX, a company holding CFTC exchange and clearinghouse licenses, after the DOJ and CFTC dropped investigations earlier this year. The firm is also targeting a valuation between $12 billion and $15 billion. Source: https://cryptobriefing.com/polymarket-us-sports-return/The post Polymarket readies US comeback with sports betting focus appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket, a blockchain-based prediction market, is planning a US return focused on sports betting. The firm cleared past probes and secured CFTC-licensed infrastructure through its QCX acquisition. Polymarket, the blockchain-based prediction market platform, is preparing to reenter the US with a focus on sports betting, Bloomberg reported. Initial trading could start by late November, with limited access during the rollout. The relaunch marks a major comeback for the firm, which paid a $1.4 million CFTC fine in 2022 and moved offshore. Polymarket has since acquired QCX, a company holding CFTC exchange and clearinghouse licenses, after the DOJ and CFTC dropped investigations earlier this year. The firm is also targeting a valuation between $12 billion and $15 billion. Source: https://cryptobriefing.com/polymarket-us-sports-return/