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Polymarket launches five-minute crypto up-or-down contracts in US

NewsFeeds update

Polymarket launched five-minute up-or-down crypto contracts on 28 Oct on its CFTC-regulated platform, run by QCX LLC, covering Bitcoin, ether, Solana and XRP. Correct predictions pay $1 a share and wrong ones zero; the CFTC is reviewing Polymarket's compliance with its 2022 settlement.

RegulationOdailyAINeutral

Read the original on Odaily

The story so far: Polymarket US five-minute crypto markets

Polymarket launched five-minute crypto up/down contracts on its CFTC-regulated US platform, run by QCX LLC, covering Bitcoin, ether, Solana and XRP, with correct calls paying $1 a share. The CFTC is reviewing Polymarket's compliance with its 2022 settlement.

  1. Polymarket's US app launches 5-minute crypto up/down market

    Polymarket said its US app has launched a 5-minute crypto up/down prediction market supporting BTC, ETH, SOL and XRP. The CFTC is investigating whether Polymarket breached a 2022 agreement barring US users.

    RegulationOdailyAIBearish

  2. Polymarket launches five-minute crypto up/down market on US platform

    Polymarket has launched five-minute crypto up/down betting contracts on its CFTC-regulated US platform. Traders can bet whether Bitcoin, ether, Solana or XRP close above or below their starting price; a correct call pays $1 per share and a wrong one pays zero.

    AltcoinsOdailyAINeutral

  3. Polymarket launches five-minute crypto up-or-down contracts in US

    Polymarket launched five-minute up-or-down crypto contracts on 28 Oct on its CFTC-regulated platform, run by QCX LLC, covering Bitcoin, ether, Solana and XRP. Correct predictions pay $1 a share and wrong ones zero; the CFTC is reviewing Polymarket's compliance with its 2022 settlement.

    RegulationOdailyAINeutral

More Regulation updates

  1. SEC's Woodcock says agency is watching insider trading in prediction markets

    RegulationOdailyAIBearish

  2. French Senate passes bill on automatic crypto tax data exchange

    RegulationOdailyAIBearish

  3. Polymarket probes suspicious Israel election trades, Bloomberg says

    RegulationCoinNessAIBearish

Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.