Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t be influenced by wealthy individuals’ bets. Polymarket, a predictions market operating on the Polygon blockchain, has come under scrutiny as US lawmakers intensify efforts to ban gambling on American elections. […]
The post Polymarket in focus as CFTC is pushed to ban gambling on US elections appeared first on CoinJournal.
Go here to Read this Fast! Polymarket in focus as CFTC is pushed to ban gambling on US elections
Originally appeared here:
Polymarket in focus as CFTC is pushed to ban gambling on US elections