JPMorgan Ends Polymarket Banking Ties Over Regulatory Risk
Polymarket's U.S. return after a $1.4M CFTC settlement shows that regulatory access does not guarantee dependable banking support.
Polymarket's U.S. return after a $1.4M CFTC settlement shows that regulatory access does not guarantee dependable banking support.
Asset coverage is becoming an adoption signal for decentralized derivatives, with activity extending into equity and commodity-linked markets.
Most of the damage landed on leveraged bullish positions, making derivatives exposure the key risk signal beyond Bitcoin's round-number break.
The agenda gives market participants a window into how US derivatives oversight is approaching software-led financial innovation.
Wellington's $1.3T-AUM debut on Kalshi's cap table, alongside a 2027 IPO runway and $4B annualized revenue, reframes prediction markets from crypto curiosity to institutional asset class.
The $31M quarter is only half the story. The other half is Hyperion building the HIP-3 and HIP-4 rails with the very tokens that drove the gain.
The zero-gas paper-trading arena mirrors Polymarket's full market structure, giving quant builders a risk-free proving ground before real capital goes live.
DOGE futures positioning has nearly returned to October levels in coin terms, leaving a crowded long trade exposed to forced selling if the token falls further.
K33 flags a self-reinforcing liquidity drought: spot volume fell 18% last week and 7-day volatility hit a Christmas 2025 low, while elevated perp open interest leaves the market exposed to…
Three prediction-market platforms just received council letters over marketing aimed at younger users, landing days after the CFTC pulled Kalshi back from a state shutdown and a $36B NY AG suit.
The order escalates a federal-state fight over prediction markets, with sports-betting authority and the reach of federal oversight at stake.
The warning shifts scrutiny from contract design to the incentives driving volume, putting wash trading and market manipulation at the center of compliance review.
Year-one revenue share is waived to attract liquidity providers, but the real signal is prediction markets competing on infrastructure: latency, multicast delivery, depth-of-book access now table…
The hire lands as Polymarket's monthly volume runs at roughly a third of Kalshi's, the prediction-market field is being squeezed from both sides by regulators and a wave of new entrants.
The bigger signal is product breadth: Kraken is linking crypto's always-on derivatives model with traditional market exposure inside its funded trading program.
Tennessee's attorney general is treating federally regulated prediction markets as unlicensed sports books, a legal theory that, if it holds, could unwind every open contract on both platforms.
The $70K strike sits above spot near $64.8K, putting the September 2026 expiry at the center of the next CPI-linked range test.
Leverage is moving ahead of buyer demand, turning a quiet range into a fragile setup rather than evidence of a confirmed recovery.
The quick reset clears an immediate overhang for Kalshi, while state-level fights will test how far event contracts can expand in the U.S.
The agencies can build the rulebook, but only Congress can lock it in. Whatever the SEC and CFTC finalize before the next administration is one election cycle away from being undone.