Attention, crypto enthusiasts! đ
The US Commodity Futures Trading Commission (CFTC) is keeping a close eye on Polymarket and other offshore crypto betting platforms that offer derivatives contracts to clients in the US. CFTC Chairman Rostin Behnam warned of legal action for those who do not comply with the law.
đ The CFTC has already fined Polymarket $1.4M in 2022 for not registering. Let us know your thoughts in the comments! What do you think about regulation in the crypto world?
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