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Who will sign U.S. x Iran deal?

Regulatory snapshot for "Who will sign U.S. x Iran deal?": platform geo-block status, KYC thresholds, tax implications.

Masoud Pezeshkian 100% Shehbaz Sharif 100% JD Vance 100% Donald Trump 100% Volume: $1.7M Liquidity: $579K Closes: 1 Aug 2026
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Who will sign U.S. x Iran deal?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Is Kalshi Legit) Pick
polygram.ink (preferred broker)
100% 0% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle See live odds →
Polymarket (direct)
polymarket.com
100% 0% 0% Geo-blocked in US/UK/EU USDC, on-chain See live odds →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD See live odds →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR See live odds →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) See live odds →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Masoud Pezeshkian100%
Shehbaz Sharif100%
JD Vance100%
Donald Trump100%
Mohammad Bagher Ghalibaf16%
Abbas Araghchi4%
Marco Rubio3%
Benjamin Netanyahu2%
Hamad bin Isa Al Khalifa2%
Pete Hegseth1%
Recep Tayyip Erdogan1%
Abdel Fattah el-Sisi1%
Mohamed bin Zayed Al Nahyan1%
Mishal Al-Ahmad Al-Jaber Al-Sabah1%
Mojtaba Khamenei1%
Steve Witkoff1%
Sheikh Tamim bin Hamad Al Thani1%
King Abdullah II1%
Mohammed bin Salman0%
Ali Larijani0%

Market context

The real-world event driving this market is the preliminary peace memorandum electronically signed by US President Donald Trump and Iranian President Masoud Pezeshkian, which aims to end the ongoing conflict and reopen the Strait of Hormuz. This accord includes a US commitment to lift all sanctions and unfreeze Iranian assets, while Iran reaffirms it will not procure nuclear weapons, though detailed negotiations on the nuclear programme and final sanctions relief are deferred to a 60-day window.

Historically, comparable frameworks like the 2015 JCPOA required years of complex negotiation by multiple nations before any binding agreement was signed, suggesting that a final deal signed by a single individual in an official capacity remains highly improbable within the current tight timeframe. The crowd-implied 3% probability reflects this structural difficulty, as past precedents show that preliminary memoranda often fail to translate into final, individual-signed treaties without extensive diplomatic bridging and mutual consent extensions.

Traders should monitor the upcoming 60-day negotiation window for announcements regarding the $300 billion reconstruction fund and any extensions to the timeline, as these are critical dependencies for a final agreement [1]. Recent confirmations from Trump that the deal is signed electronically and that Vice President JD Vance will head to Geneva for in-person signing by Friday indicate immediate momentum, yet the release of full agreement details remains pending [2]. Regulatory accessibility for this market is influenced by German GlüStV implications and US CFTC reach, where the 'no-KYC up to $1,500' threshold allows traders to access this specific market without identity verification, provided the transaction stays within that limit.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This overview of Who will sign U.S. x Iran deal? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.

Resolution & payout

On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.

FAQ

Is Polymarket legal in my country?
Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Is Kalshi Legit has a different geo footprint.
Do I need to KYC for Is Kalshi Legit?
Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
How are winnings taxed?
Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
Can I trade anonymously?
Pseudonymously, yes — up to the KYC threshold. Is Kalshi Legit stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
What happens during a tax audit?
You're responsible for documenting your trades. Is Kalshi Legit exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
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Related Topics

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