Polymarket, a decentralised prediction tool, is purportedly being investigated by the CFTC
The US Commodity Futures Trading Commission is investigating Polymarket, a decentralised prediction market located in New York (CFTC). The CFTC is examining whether Polymarket is enabling its users to trade binary options and swaps that should be registered with the financial authority, according to a Bloomberg storey citing unnamed sources on Oct. 23. The CFTC […]
Lawmakers urge CFTC and SEC to join participants in the crypto space for regulatory clarity
The letter written by two members of the house of representatives seems to request the two government agencies to act in collaboration with crypto participants to increase transparency. Two members of the US House of Representatives have written to the leaders of the Securities and Exchange Commission and the Commodity Futures Trading Commission, requesting that […]