đ **Crypto Drama Alert!** đ
The CFTC is keeping a close eye on Polymarket and other offshore crypto betting platforms. đ”ïžââïž Chair Rostin Behnam warned that any unregistered derivatives contracts offered to US customers will face enforcement actions.
Key points:
- Offshore activities under scrutiny.
- Legal compliance is a must.
- Polymarket previously settled for $1.4M.
Prediction markets are hot, especially with the 2024 presidential election bets soaring. đž
What do you think? Should the CFTC tighten the reins or let the bets roll? Drop your thoughts in the comments! đŹ