Financial Stability

CFTC clamps down on DeFi as it orders platform to cease options trading

By Justin Pugsley
BRR fallback image

Polymarket allows users to place bets on the outcomes of events such as sports tournaments, elections or future price levels of cryptocurrencies through binary options. This has attracted the attention of the CFTC.

“All derivatives markets must operate within the bounds of the law regardless of the technology used, and ...

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