South Korea Orders Polymarket Access Block Over Illegal Gambling Rules
Regulators ruled the prediction market creates a prohibited gambling environment for local users under criminal and sports laws, rejecting claims about its peer-to-peer design
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Latest updates, press releases, and insights from the volatile world of digital assets.
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JPMorgan Ended Polymarket Banking Ties in 2025 Over Regulatory Concerns
The bank closed accounts with the prediction market platform last October while keeping other commercial links and signaling interest in a possible future IPO role
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Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Contracts
City alleges prediction market platforms and distribution partners offered illegal sports wagering without Maryland licenses and misled residents on regulatory status
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New York City Council Investigates Prediction Market Marketing Tactics
Council Speaker Julie Menin launches probe into advertising by Polymarket, Kalshi, Coinbase and Gemini Titan following claims of deceptive promotions
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Binance.US Plans August CFTC Bid to Enter Prediction Markets
Binance.US intends to seek a designated contract market license from the CFTC next month, aiming to offer regulated event contracts, futures and options as part of its U.S. expansion
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Federal Judge Blocks Minnesota Prediction Market Ban Ahead of August Deadline
A U.S. district judge granted a preliminary injunction preventing enforcement of the state law against CFTC-registered platforms, preserving operations for Kalshi and Polymarket while litigation continues
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Washington Court Blocks Kalshi Sports Contracts in Escalating Federal-State Regulatory Clash
A Washington state judge has granted a preliminary injunction against prediction market operator Kalshi, ruling its sports event contracts likely violate state gambling laws despite federal CFTC oversight. The decision, effective no earlier than August 5, highlights growing tensions between state regulators and federally regulated platforms
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France Blocks Polymarket as Gambling Regulator Orders ISP Access Ban
France’s National Gambling Authority has directed internet service providers to block access to the prediction market platform, citing unauthorized gambling operations and related risks
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Stanford Study Exposes Risks in Short-Term Bitcoin Prediction Markets
A recent academic paper from Stanford University and Singapore Management University identifies how Polymarket’s five-minute Bitcoin contracts create conditions for spot price influence around settlement times
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Czech Republic Adds Polymarket to Gambling Blacklist
The Czech Finance Ministry has placed Polymarket on its list of unauthorized online gambling sites, directing internet service providers to block access within 15 days
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