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Robinhood Launches New Prediction Markets Hub for Retail Traders

Robinhood Launches New Prediction Markets Hub for Retail Traders
2 months ago

In a bold move to enhance its platform’s offerings, Robinhood has officially introduced a groundbreaking prediction markets hub tailored specifically for U.S. retail traders. This innovative feature aims to empower everyday investors by allowing them to engage in forecasting events and outcomes in various sectors, thereby adding an exciting dimension to trading on the Robinhood platform.

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Polymarket Shuts Out French Users Amid Growing Regulatory Concerns Over Prediction Markets

Polymarket Shuts Out French Users Amid Growing Regulatory Concerns Over Prediction Markets
6 months ago

In a significant move reflecting tightening regulatory scrutiny, Polymarket, a prominent prediction market platform, has implemented a ban on users from France. This decision comes as regulators and government authorities across Europe are increasingly focusing on the operation of online betting platforms, particularly those that allow users to wager on the outcome of various events.

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Polymarket Under DOJ Scrutiny for Allowing U.S. Users to Bet On Its Platform

Polymarket Under DOJ Scrutiny for Allowing U.S. Users to Bet On Its Platform
6 months ago

In a significant legal development, Polymarket, a popular prediction market platform, is facing an investigation by the U.S. Department of Justice (DOJ) for allegedly permitting American users to engage in betting activities that may contravene federal laws. This scrutiny comes amid growing concerns surrounding online gambling regulations and the legality of betting markets in the United States.

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Crypto’s New Frontier: Polymarket Draws Scrutiny Over Trump Bets

Crypto’s New Frontier: Polymarket Draws Scrutiny Over Trump Bets
7 months ago

In recent developments that have sent ripples through the cryptocurrency community, the French financial regulator, Autorité des Marchés Financiers (AMF), has turned its attention to Polymarket, a high-profile betting platform that allows users to place bets on various outcomes, including political events. The scrutiny comes in the wake of the platform’s increasing popularity, particularly concerning bets related to former U.S. President Donald Trump.

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Polymarket Engages Social Media Influencers to Promote Election Betting Content

Polymarket Engages Social Media Influencers to Promote Election Betting Content
7 months ago

In a strategic move ahead of the much-anticipated U.S. elections, Polymarket, a decentralized prediction market platform, has allocated significant funds to partner with popular social media influencers. The goal is to drive engagement and encourage discussions around betting on electoral outcomes.

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Wintermute Launches New Betting Market on US Election as Polymarket Gains Momentum

Wintermute Launches New Betting Market on US Election as Polymarket Gains Momentum
8 months ago

Wintermute Trading Ltd., one of the largest liquidity providers in cryptocurrency markets, is getting ready to launch a platform where people can bet on who will win the US presidential election in 2024. It does so at a time when its rival prediction market, Polymarket, enjoys unprecedented success.

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