Author: CryptoPress

Polymarket is seeking CFTC approval to reopen its primary, crypto-native exchange to American traders after a four-year hiatus. The company is reportedly discussing merging its blockchain infrastructure with the regulatory licenses of its domestic entity, QCX LLC. The decision rests primarily with CFTC Chair Michael Selig, as four of the five commissioner seats currently remain vacant. Polymarket, the world’s largest decentralized...

Patrick Witt, Executive Director of the White House Digital Assets Presidential Advisory Committee, teased a “big announcement” regarding the Strategic Bitcoin Reserve expected within the next few weeks. The administration claims to have reached a legal and operational breakthrough to solidify the government’s Bitcoin holdings on the national balance sheet. In tandem, lawmakers have rebranded the “BITCOIN Act” as...

Brazil’s National Monetary Council (CMN) and telecommunications regulator Anatel have blocked access to 27 prediction market platforms, including industry leaders Polymarket and Kalshi. The crackdown is based on Resolution No. 5,298, which restricts derivative contracts to economic benchmarks like inflation and interest rates, effectively banning event-based markets. Government officials cited the need to protect household income and reduce...