Polymarket users referred to prosecutors in South Korea: Report
South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets.…
Bitcoin gives back Monday's gain as Clarity Act odds fade on Polymarket
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.…
Clarity Act odds surge on prediction markets, but crypto bill still faces long road
Kalshi and Polymarket bettors sharply raised the chances of U.S. crypto market structure legislation advancing, with Tuesday's Senate vote the next test.…
Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps
ESMA said that event contracts may fall under existing EU binaryoptions bans, cryptoasset frameworks like MiCA or national gambling laws. Source:CoinDesk
Polymarket names former Amazon finance chief Warren Jenson as its first CFO
Jenson becomes the prediction market’s first CFO as Polymarket builds its regulated U.S. exchange and global platform. Source:CoinDesk
UK regulator weighs easing financial prediction market ban: Times
The FCA reportedly held talks with trading platforms as Britons turn to Polymarket and Kalshi, though its public position still supports the ban.…
Trump Jr.-linked 1789 Capital leads Polymarket’s $1B raise: Report
Donald Trump Jr.linked 1789 Capital will reportedly lead a $1 billion investment round into Polymarket, which would value the platform at $21 billion, just…
Trump Jr's firm leads $1 billion Polymarket raise at $21 billion value: Report
1789 Capital is putting in about $300 million, adding to a roughly $200 million stake, as the prediction market's valuation rises from $15 billion.…
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 to weigh in…
South Korea joins more than 30 jurisdictions restricting Polymarket access
Regulators rejected Polymarket's defense regarding its P2P nature, arguing the platform manages market rules and facilitates cryptobased gambling activity.…
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…
Prediction markets see a divided government after midterm elections. Here’s how you should trade, Citi says.
The odds on Polymarket of a sweep by the Democratic Party in November have risen to 48%, and Citigroup sees a potential rally in bonds. Source:MarketWatch