Polymarket is seeking approval from the Commodity Futures Trading Commission to reopen its main exchange to US traders, Bloomberg reported on Tuesday morning.

The company has discussed lifting its prohibition on US based customers with CFTC officials in recent weeks, according to the report. The move would mark a major shift for Polymarket, which has technically blocked Americans from trading on its international platform since a 2022 settlement with the agency pushed the exchange offshore.

A CFTC approval is not guaranteed. Bloomberg reported that removing the prohibition would require a formal commission vote, though the process could be easier because only Chairman Michael Selig is currently in position to act while four commission seats remain vacant.

The request comes as prediction markets have moved deeper into US financial and political attention. The CFTC on Tuesday sued Wisconsin after the state brought actions against prediction market platforms including Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase, underscoring the growing fight over whether event contracts fall under federal derivatives oversight or state gaming rules.

Polymarket has also faced fresh scrutiny after US authorities accused Army Master Sergeant Gannon Van Dyke of using confidential information to make more than $400,000 on Polymarket’s international exchange.

Reuters reported that Van Dyke pleaded not guilty, while authorities said he accessed the platform through a VPN after Kalshi blocked him from opening an account.

Polymarket founder Shayne Coplan said the firm referred the suspicious trading to authorities. AP reported that prosecutors alleged Van Dyke used nonpublic information tied to a mission involving former Venezuelan leader Nicolás Maduro to place the wagers.

The US return effort also comes as Polymarket tries to regain ground against Kalshi, which has benefited from a more favorable US regulatory environment under the Trump administration. Bloomberg reported that Donald Trump Jr. advises both Polymarket and Kalshi and invested in Polymarket through 1789 Capital, where he is a partner.

The company’s domestic platform, Polymarket US, remains in beta mode and has seen limited trading, with a focus primarily on sports markets. Bloomberg reported that some discussions with regulators include merging the main exchange’s blockchain based technology with the domestic exchange’s licenses, potentially allowing Polymarket to operate through its primary crypto native platform in the US.