Polymarket Faces New Roadblock As Dutch Regulator Bans Prediction Activity — ...
According to recent reports, the Dutch arm of the prediction markets platform Polymarket has been asked to cease its activities in the Netherlands. This order comes as the latest regulatory blow dealt to the prediction market platform in recent weeks. Dutch Regulator Threatens Polymarket With $840,000 Fine In a notice dated Tuesday, February 17, the […]
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Polymarket, the world’s largest prediction market, is rolling out new safeguards against insider trading and manipulation. Polymarket’s Most Recent Bet The pressure generated from the growing scrutiny that prediction markets have come under as of late seems to have done the trick. Polymarket updated its rules on Monday and shortly after, Kalshi, its main competitor, […]
Following legal setbacks that limited access for American investors back in 2022, the Commodity Futures Trading Commission (CFTC) officially approved Polymarket’s launch as a crypto-based prediction market in the United States. Polymarket To Enter US Market Shayne Coplan, Polymarket’s CEO, shared the news on X (formerly Twitter), stating that the prediction platform has been given […]
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as ‘event markets,'” said the derivatives regulator.
CFTC Takes First Crypto Enforcement Action of the Year
The Commodity Futures Trading Commission (CFTC) has taken the first crypto enforcement action of the year in the U.S.....
Polymarket, the largest crypto prediction market in the world, is under fire after bettors allegedly sent death threats to Times of Israel military reporter Emanuel Fabian. Related Reading: https://bitcoinist.com/crypto-bets-on-argentina-inflation-polymarket/ A Bombing Report Turned Into A Bombing Of Threats A routine war report from Emanuel Fabian for The Times of Israel on Monday triggered a bombarding […]
The online prediction marketplace, Polymarket, where users can bet with crypto, saw $1.1B in Superbowl bets yesterday. One person took home a tidy profit of $550K while another lost $718K. Polymarket demonstrates that crypto is trickling down to the masses who can use it for anything, including betting on their favorite football team. That’s why […]