Crypto
South Korean police refer 18 Polymarket users to prosecutors in gambling probe
Gangwon investigators cited 17.6B won ($12.7M) in wagers and said on-chain data was enough to identify users.
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Crypto
Senate GOP drops 635-page CLARITY Act “final offer” ahead of Tuesday procedural vote
The rewrite adds Trump-backed crypto ethics bans and a time-limited Treasury lever on stablecoin rewards.
AI
Corporate midterm spending hits $517M early as Fairshake keeps ~$130M for 2026
Public Citizen data shows the 2026 cycle has already cleared the full 2024 record, with crypto-linked super PAC money still positioned for late-cycle races.
Crypto
Hot August payrolls print knocks Bitcoin below $80K as September Fed odds reprice
Polymarket’s Sep. 16 decision swung back to 50/50 after BTC slid from $81,300 to $78,600 on the data.
Crypto
1789 Capital Reportedly Leads $1B Polymarket Round at $21B Valuation
The Trump Jr.-linked fund’s reported $300M check lands as state actions and banking friction tighten around prediction markets.
Crypto
Pakistan opens VASP licensing portal with Sept. 5 NOC deadline for existing firms
Korea’s Jeonbuk Bank is deploying Ripple for cross-border business payments as Japan authorizes Laser Digital under the PSA.
Crypto
SDNY enters CFTC consent orders banning Ellison and Wang from trading for five years
Prosecutors also opposed a Polymarket dismissal bid that challenges CFTC authority over event contracts.
Crypto
Novig sues Wisconsin Attorney General Josh Kaul over sports prediction contracts
The suit escalates a state-level dispute over sports-linked event contracts, with key filing details still unavailable in the packet.
Crypto
JPMorgan reportedly cut Polymarket’s banking ties in October while seeking an IPO role
The report gives no detail on which October, what services ended, or what underwriting mandate JPMorgan wants.
Crypto
Trump expected at White House meeting with CFTC Innovation Advisory CEOs
The sit-down is planned ahead of the CFTC committee’s inaugural Thursday session on crypto market structure and clarity.
Crypto
JPMorgan reportedly told Polymarket to find a new bank in Oct. 2025
The bank was still said to be open to IPO underwriting even after exiting day-to-day banking exposure.
Crypto
Baltimore sues Kalshi and Polymarket over sports event contracts
The city also names Robinhood, Webull, and Coinbase as Kalshi partners in deceptive-marketing claims in Maryland.
Crypto
CFTC bars George Santos from prediction markets after Kalshi SOTU trading order
A separate SDNY Polymarket defendant is asking to dismiss CEA counts by arguing event contracts are not clearly “swaps.”
Crypto
Binance.US CEO targets August CFTC DCM application for prediction markets
No pending DCM filing was visible in CFTC records as of the day the plan was announced at Rare Evo.
Crypto
Federal Judge Pauses Minnesota Prediction-Market Ban for Kalshi and Polymarket US
A July 27 injunction blocks Aug. 1 enforcement while the court weighs CEA preemption for some event contracts.
Crypto
CFTC warns event-contract venues to stop broad template self-certifications
The agency also extended Kraken Derivatives Exchange’s dormant status after no trading since early 2025.
Crypto
House hearing ties CLARITY Act to expanding CFTC reach over prediction markets
Testimony flagged CFTC staffing limits as state court fights intensify around Kalshi and Polymarket.
Crypto
France’s ANJ orders ISPs to geoblock Polymarket
Regulators cited illegal gambling status, ad-related criminal exposure, and a prosecutor-led probe into missing KYC controls.
Crypto
Polymarket marks CLARITY Act passage odds down to record-low 32%
Senate talks are stuck on bipartisan ethics language as the August recess compresses floor time.
Crypto
US Senate adopts nonbinding resolution opposing clemency for Sam Bankman-Fried
Polymarket priced a Trump pardon by July 31 at under 1% despite more than $734,000 in volume.
