US appeals court greenlights election prediction markets
The ruling paves the way for election prediction markets to operate in the United States.
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The ruling paves the way for election prediction markets to operate in the United States.
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.
According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair […]
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
Vitalik Buterin said that the biggest criticism of X’s community notes is that they do not appear fast enough.
The move signals the crypto betting market’s growing importance.
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT.
Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match.
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential […]
