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Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge

by SB Crypto Guru News
September 23, 2024
in Crypto Updates
Reading Time: 1 min read
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The startup’s runaway success this year has been a sore point for Kalshi, a regulated, dollar-denominated prediction market that’s been fighting a protracted court battle with its supervisor, the U.S. Commodity Futures Trading Commission, so it can list contracts on which party will control each house of Congress. The agency has been considering a proposed rule that would ban election event contracts at all the exchanges on its watch, which would push regulation of such activity to the states.



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Tags: 50MBetsBitcoin NewsCrypto NewsCrypto UpdateselectionfundingLatest News on CryptoMullsPolymarketreportedlySB Crypto Guru NewsseekssurgeToken
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