Tag: Polymarket

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CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying...

South Korea moves to block Polymarket over gambling concerns

The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.

Kalshi, Polymarket win pause against Minnesota’s prediction market ban

A federal judge ruled that Minnesota’s law banning prediction markets likely runs afoul of the Commodity Exchange Act, granting a preliminary injunction against the...

Polymarket to challenge France’s nationwide website block

Polymarket plans to challenge France’s decision to block its website, arguing the order prevents users from accessing its market probabilities even though trading from...

Clarity odds jump to 43% on Polymarket after unverified reports Trump agreed to ethics deal

Polymarket traders sharply raised the odds of the Clarity Act becoming law this year after reports that President Trump reportedly agreed to the ethics...

France orders country’s internet service providers to block Polymarket

France's gambling regulator, the Autorité Nationale des Jeux (ANJ), ordered internet service providers to block Polymarket on July 16, treating the prediction market as...

Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on

The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to...

Traders Manipulated $8.2M On Polymarket Bitcoin Bets: Study

A new study argued that Polymarket’s five-minute Bitcoin contract became a machine for wealth transfer. It moved money from retail bettors to...

Polymarket Applies for US License to Offer Margin Trading

The filing would let Polymarket users open positions without posting full collateral, following Kalshi's FCM-backed perpetuals launch.Polymarket has applied for a US futures commission...

Polymarket takes next step in U.S. comeback with margin trading plan

Prediction market Polymarket applied for a license to offer U.S. users margin trading, enabling them to place bets with less upfront capital, Bloomberg reported...

After a four-year U.S. ban, Polymarket mounts a major comeback campaign

Polymarket, which began its return to the U.S. after a four-year ban with the acquisition of QCEX a year ago and the introduction of...

Polymarket Turns On Instant Bitcoin Deposits Via Lightning Network, Powered By Spark

Polymarket, the crypto-native prediction market, has begun supporting instant Bitcoin deposits over the Lightning Network. The feature uses infrastructure from Spark, a...