Polymarket

South Korea blocks Polymarket over gambling concerns

by
South Korea blocks Polymarket over gambling concerns

South Korea blocks Polymarket over gambling concerns | Without a bank South Korea blocked Polymarket over illegal gaming concerns, joining more than 30 jurisdictions restricting the prediction market. Coindesk reported that South Korea has become the latest country to shut down access to Polymarket over concerns that prediction markets constitute illegal gambling. What’s the scoop? … Read more

Polymarket Fed Hold Odds Hit 94% as Milder Inflation Boosts Bitcoin Mood

by
Polymarket Fed Hold Odds Hit 94% as Milder Inflation Boosts Bitcoin Mood

Stock market traders are pricing in a high probability that the Federal Reserve will keep rates steady at its July meeting, with the probability increasing to 94% after weaker inflation data improved the market’s macroeconomic mood. This is important for Bitcoin because rate expectations remain one of the most important forces shaping risk appetite. When … Read more