Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March. Polymarket’s U.S. affiliate applied for a National Futures Association license to offer margin trading to U.S. users. The company will also need CFTC approval to change its rulebook so users can trade without fully collateralized positions. Polymarket’s move comes amid rapid growth in prediction market as it returns to the U.S. after a four-yea…
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