Polymarket Relaunches USA Beta App and Opens New York Store After Regulatory Approval

Polymarket has relaunched its beta application in the USA and opened a free grocery store in New York City after obtaining federal regulatory approval through the acquisition of QCEX.The platform now competes with Kalshi while a new rival platform called Truth Predict is being developed by Donald Trump and his family to enter the growing prediction market space.Researcher Mattias Hjelm warns that these cryptocurrency-based markets, where users wager on events ranging from Iran strikes to religious resurrections, face significant risks of manipulation.