Senate Democrats are pushing for a public hearing on Kalshi and Polymarket as prediction markets rack up huge trading volume, draw regulatory scrutiny, and raise fresh concerns about consumer protection, manipulation, and whether some contracts belong under SEC rules.
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South Korea is treating Polymarket users like gamblers, not crypto pioneers. Police say 26 people were booked in a $12.7 million probe, with on-chain data helping trace them despite the platform’s non-custodial setup.
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ESMA has warned that Polymarket and Kalshi lack authorization to serve EU users, highlighting the regulatory squeeze facing prediction markets. The issue isn’t just access — it’s whether these platforms are legally classified to operate at all in Europe.
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Polymarket traders are souring on the CLARITY Act, with passage odds sliding to a record low as Senate support wobbles and ethics language stalls momentum. The bill still promises badly needed crypto market structure clarity, but Washington’s usual mess is doing what it does best: slowing everything down.
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Polymarket traders are getting colder on the CLARITY Act, with odds of Senate passage sliding sharply as ethics language stalls momentum. The bill could finally bring crypto regulatory clarity — but Washington’s favorite hobby, procedural nonsense, is getting in the way.
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The CLARITY Act is running into a brutal timing squeeze: the House has chopped September voting days just as the Senate’s Sept. 15 vote only begins a longer, messier process. With stablecoin rewards still in dispute and odds looking shaky, Congress may simply run out the clock.
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Polymarket is moving beyond prediction markets with 20x perpetual futures on crypto, stocks, indices, and commodities for eligible international users. The expansion broadens its appeal, but with U.S. access still blocked and the CFTC watching closely, the regulatory heat is far from over.
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Polymarket says it has tightened surveillance ahead of the U.S. midterms to catch suspicious trading before regulators do. The push comes as insider-trading fears, U.S.-linked wallet activity, and legal fights over prediction markets keep the platform in the hot seat.
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Polymarket traders are pricing Dogecoin’s clearest upside path at $0.16 through 2026, while treating anything above $0.20 as increasingly unlikely. The market hints at modest meme-coin upside, not moonboy fantasy, with downside bets present but not screaming panic.
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Chainlink is recovering, but traders aren’t exactly buying the moon-boy fantasy. Polymarket shows LINK’s clearest upside clustered around $18-$20 by 2026, while a breakout above $20 still looks like a fight against stubborn resistance — with downside risk very much still on the table.
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