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 an illegal gambling site rather than a financial trading venue. The ANJ said earlier restrictions had failed to keep French users… Read More
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 advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate… Read More
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 a mobile trading app in December, has started a campaign to persuade policymakers, regulators and potential users that it is trustworthy,… Read More
As such, Allium can tie only about 6% of Polymarket’s political-market wallets to a country – so the firm says the figures should be read as directional rather than exact. Polymarket did not immediately respond to request for comments ahead of U.S. market hours. Meanwhile,… Read More
US-based users are the biggest political bettors on Polymarket, despite the crypto-based prediction market’s efforts to restrict US citizens from using the decentralized platform, according to new research. Blockchain research firm Allium estimated in a report published on Thursday that US-based users are the single… Read More
Strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute settlement body led by UMA token holders ultimately ruling against bettors who wagered the sale would occur by May 31. The controversy began after Strategy… Read More
