Polymarket cooperated with the investigation, according the CFTC’s press release, leading to a reduced fine. The company will stop offering markets by Jan. 14, 2022 and commit to making all funds available to users by Jan. 24, according to the order. Polymarket will also cease and desist any further violations of the CEA, though it does not appear the company itself will be … [Read more...] about CFTC Fines Crypto Betting Service Polymarket $1.4M for Unregistered Swaps
Unregistered
South Korea to take action against unregistered crypto exchanges
The South Korean government announced today that crypto exchanges will face punishment if they have not voluntarily registered with the country’s authorities by September 24.This new set of regulations will reportedly affect both exchanges based in South Korea and foreign exchanges that operate in Korean markets. According to the release, that includes any exchange where the … [Read more...] about South Korea to take action against unregistered crypto exchanges