Polymarket secures regulatory clearance to relaunch in the US
Polymarket wins CFTC no-action letter, clearing path to relaunch in US markets. DOJ and CFTC probes closed, removing key hurdles for Polymarket’s US return. Polymarket to rival Kalshi as a…
Zelenskyy’s attire divides Polymarket with $79M at stake
Initial ruling of “yes” on 24 June appearance has been formally challenged. Debate centres on lack of tie, trainers, and formality of attire. Background includes past bet confusion and political…
Singapore blocks Polymarket, calls it an “illegal gambling site”
Singapore’s regulator said Singapore Pools is the only licensed gambling operator in the country Anyone who uses an unlicensed gambling service is liable to face a fine of up to…
Poilievre’s PM odds on Polymarket surge to 93% after Justin Trudeau’s resignation
Polymarket gives Poilievre an 87% chance of succeeding Justin Trudeau as Canada’s PM. Trudeau has announced his resignation, citing internal struggles; parliament prorogued till March 24. Poilievre’s anti-CBDC stance boosts…
FBI seizes Polymarket CEO’s phone and electronics: report
The New York Post has published a news story alleging the Federa Bureau of Investigations has seized a phone and electronics from Polymarket CEO. Sources reportedly see this as political…
Polymarket under scrutiny in France after trader made $50M on Trump’s win
A French Trader “Théo” made nearly $50M betting on Trump using the “neighbour polling” method on Polymarket. Théo’s private polls and unconventional data use raise transparency concerns. French regulator ANJ…
Polymarket prediction data shows Trump taking the lead over Harris
Polymarket shows Trump leading the race; however, other betting trackers show Harris still in the lead The Republicans have seen 102,000 new registered voters compared to the Democrats’ 96,000 Elon…
Polymarket in focus as CFTC is pushed to ban gambling on US elections
Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t be influenced by wealthy individuals’…
Polymarket surpasses $1B in bet trading Volume amid US election betting surge
Polymarket surpasses $1 billion in trading, driven by US election betting surge. Trump leads with 57% odds; Harris’s odds rise to 40% after Biden’s withdrawal. Series B funding of $70…
Peter Thiel’s VC, Vitalik Buterin back $70 million raise for Polymarket
Peter Thiel’s venture capital firm Founders Fund co-led a $45 million Series B raise for Polymarket. Ethereum co-founder Vitalik Buterin also backed the Series B round. The predictions marketplace also…