Nevada court hits Polymarket with temporary restraining order, tests CFTC control
A Nevada judge has temporarily barred prediction market Polymarket from offering event contracts in the state, pushing back against claims that only the CFTC can police those markets.
A Nevada judge has temporarily barred prediction market Polymarket from offering event contracts in the state, pushing back against claims that only the CFTC can police those markets.
Original source
Read on CointelegraphRelated market context
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules
Gary Gensler, the former chair of both the CFTC and the SEC, filed an amicus brief Thursday with the Sixth Circuit Court of Appeal...
Bitcoin (BTC) Price Prediction: BTC Eyes $70K Liquidity Sweep as Whales Reclaim Control Near $62K
Market data suggests that long-term holders remain largely inactive, while whale activity is beginning to recover, creating an int...
Former SEC Chair Gensler rejects CFTC claim of authority over prediction market sports betting
Gary Gensler is calling malarkey the claim that the CFTC has jurisdiction over prediction markets, specifically sports bets.
Hungary Reverses Crypto Crackdown, CFTC Proposes Prediction Market Rules, and Anthropic AI Jailbroken in 48 Hours
Hungary decriminalises crypto trading after EU scrutiny, CFTC proposes prediction market rules, and Anthropic's AI jailbroken in 4...
Hungary Decriminalises Crypto Trading, CFTC Proposes Prediction Market Rules, and AI Model Jailbroken in 48 Hours
Hungary reverses crypto restrictions, CFTC proposes prediction market rules, and an AI model is jailbroken in 48 hours. Key regula...