Polymarket is not adding identity verification to its main platform. That was the message from Josh Stevens, the company’s vice president of engineering, after a report suggested the prediction market was considering broader Know Your Customer requirements.

Stevens posted on X that the KYC requirement applies exclusively to a new beta product being tested by a select group of users. Once that product exits its testing phase, the identity checks go away entirely.

What actually happened

The confusion started after a report from The Information suggested Polymarket had been weighing compliance-driven user verification. Stevens stepped in to set the record straight.

“No KYC is being added to any part of existing polymarket.com with this launch.”