๐จ Big news: New York vs Polymarket US
New York State has sued Polymarket US, alleging the platform is operating unlicensed gambling through its prediction markets.
This is shaping up to be a major regulatory test for the prediction market industry will states be able to regulate these platforms as gambling, or will federal law take precedence?
More scrutiny could be on the way. ๐
#Crypto #Polymarket #Regulation #PredictionMarkets
New York State has sued Polymarket US, alleging the platform is operating unlicensed gambling through its prediction markets.
This is shaping up to be a major regulatory test for the prediction market industry will states be able to regulate these platforms as gambling, or will federal law take precedence?
More scrutiny could be on the way. ๐
#Crypto #Polymarket #Regulation #PredictionMarkets
