Crypto prediction market platform Polymarket settles with CFTC for $1.4 million

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

ICYMI: Crypto prediction market platform Polymarket settles with CFTC for $1.4 million

Polymarket, a blockchain-based prediction market platform, has settled with the US Commodity Futures Trading Commission.

"By no later than January 24, 2022, Polymarket will certify to the Commission that it has fulfilled these commitments and has made funds available for full redemption by market participants," the order continued. In its press release, the CFTC noted the startup's"substantial cooperation with the Division of Enforcement’s investigation of this matter in the form of a reduced civil monetary penalty."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines