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News
Polymarket takes France to court after regulators block website
4+ day, 2+ hour ago (864+ words) Polymarket has announced a French court challenge five days after regulators ordered internet providers to block the platform over gambling-loss and market-manipulation concerns. Reuters reported on July 22 that the crypto-based prediction market intends to contest the National Gambling Authority’s decision…...
France orders ISPs to block Polymarket as scrutiny widens
1+ week, 15+ hour ago (727+ words) France’s National Gambling Authority has ordered internet service providers to block Polymarket, escalating a regulatory dispute that began in 2024. The Autorité nationale des jeux, known as the ANJ, said the prediction market platform promotes gambling services that are not authorized…...
Czech Republic orders ISPs to block Polymarket within 15 days
1+ week, 4+ day ago (695+ words) Polymarket has been blocked in the Czech Republic after authorities classified the prediction market platform as an unlicensed gambling service, adding another European jurisdiction to the list of countries restricting its operations. The Czech Ministry of Finance has ordered internet…...
ESMA warns Polymarket over EU rules that could trigger retail ban
3+ week, 2+ day ago (565+ words) Europe’s securities regulator has warned that prediction market contracts offered in the European Union could already fall under existing financial rules, potentially triggering a long-standing retail ban on binary options. According to the European Securities and Markets Authority (ESMA), firms…...
Kraken's FIFA deal: Crypto's first world cup
3+ week, 2+ day ago (935+ words) For the first time in the tournament’s near-century of history, a crypto exchange sits inside FIFA’s official partner ecosystem. Six billion viewers, sixteen host cities, one industry trying to prove it has outgrown the arena-naming era. Here is what the…...
Spain blocks prediction markets Polymarket Kalshi
2+ mon, 4+ min ago (555+ words) Spain has blocked both prediction markets Polymarket and Kalshi for operating without gambling licences. Spain’s gambling regulator, the Directorate General for Gambling Regulation, ordered internet service providers to block access to Polymarket and Kalshi after the Ministry of Consumer Affairs…...
Trescon marks 10 years building MENA government-backed platforms
4+ mon, 3+ week ago (445+ words) Trescon marks 10 years, delivering 500+ government-backed events and scaling from Bengaluru to Dubai-led MEASA expansion. Trescon, a business events company, has marked its 10-year anniversary as a provider of government-backed business platforms in the Middle East and North Africa region, the…...
Crypto Kidnapping in France: Police Arrest Six Over Magistrate Abduction
5+ mon, 2+ week ago (393+ words) French authorities have arrested multiple suspects in connection with the kidnapping of a magistrate and her mother in a case prosecutors say involved a cryptocurrency ransom plot. The Lyon public prosecutor’s office said on Sunday that six people, including a…...
Germany’s second-largest bank receives BaFin approval to launch crypto trading
6+ mon, 1+ week ago (476+ words) DZ Bank, Germany’s second-largest financial institution, has received approval from the country’s financial regulator BaFin to launch its cryptocurrency trading platform after a year of trials. Dubbed “meinKrypto,” the self-directed crypto investment platform was given the green light to operate…...
Kidnapping for crypto: Spanish, Danish police smash cross-border gang
7+ mon, 1+ week ago (542+ words) Spanish and Danish police dismantle a cross-border gang that kidnapped and killed a crypto holder, underscoring the rise of violent ‘wrench attacks.’ Spanish authorities have arrested five individuals and coordinated with Danish police to charge four others in connection with…...