Americans trade billions on Polymarket’s banned offshore platform despite CFTC crackdown

The incident highlights the critical need for traders to scrutinize platform rules, as unclear terms can lead to significant financial losses. The post Polymarket’s fine print leads to student’s $35K bet going to zero appeared first on Crypto Briefing.

Kraken is preparing a regulated US perpetual futures launch through Bitnomial, potentially bringing one of crypto’s largest derivatives products onshore.

Continuous trading could reshape global energy markets, offering real-time responses to geopolitical events, but raises regulatory and systemic concerns. The post CME faces potential regulatory hurdle as CFTC reviews 24-hour oil contract proposal appeared first on Crypto Briefing.

CFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals, advancing the agency's buildout of a regulated US crypto derivatives market.

The Commodity Futures Trading Commission has taken New Mexico to federal court over efforts to regulate prediction markets. The lawsuit targets state officials after New Mexico moved against Kalshi over alleged unlicensed sports betting activity. The dispute adds another chapter…

The federal derivatives regulator filed suit Thursday in federal court seeking to bar New Mexico from enforcing state gaming laws against CFTC-registered prediction-market exchanges, making New Mexico the eighth state to face federal litigation over the question of exclusive jurisdiction.

The CFTC's legal actions could centralize prediction market regulation, impacting state autonomy and setting a precedent for federal oversight. The post CFTC sues New Mexico over federal jurisdiction infringement appeared first on Crypto Briefing.

Polymarket's sponsorship of Aurora at IEM Cologne 2026 highlights the growing intersection of crypto markets and esports, raising regulatory questions. The post Aurora’s Polymarket sponsorship gets its first Major spotlight at IEM Cologne 2026 appeared first on Crypto Briefing.