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Why Has Singapore’s MAS Banned Crypto Prediction Platform Polymarket?

On 13 January 2025, Singapore officially banned the operation of Polymarket, a prominent crypto-based prediction platform. Singapore’s Monetary Authority (MAS), the country’s central bank and financial regulator, cited several reasons for the ban.  Polymarket was reportedly operating without the necessary licenses required under Singapore’s Payment Services Act.  This legislation mandates that entities offering payment or … Read more

Polymarket banned in Singapore as ‘illegal gambling website’

Singapore’s Remote Gambling Act of 2014 is basically the “no entry” sign for most online betting activities, unless you’ve got a government-approved stamp of approval. Unfortunately for Polymarket, it didn’t make the cut. Polymarket, the decentralized prediction market platform that allows users to speculate on real-world events using cryptocurrency, can add Singapore to the list … Read more

Solana’s Polymarket to allow betting on Pump.science tests

Pump.science and Hedgehog Markets have teamed up to foster decentralized science-focused betting contracts as the DeSci sector gains traction. According to a Jan. 8 announcement, Pump.science and Hedgehog Markets will enable bettors to speculate on laboratory mice undergoing experiments aimed at increasing human life expectancy. Pump.science is a blockchain research project focused on disrupting traditional … Read more

Berachain, Linea airdrop odds rise on Polymarket

Polymarket users expect Berachain and Linea Protocol to launch their airdrops in the first quarter of this year. A small Polymarket poll with $22,000 in assets places the odds of Berachain’s airdrop at 90% and Linear at 89%.  Berachain airdrop hopes rise Berachain has become one of the fastest-growing players in the crypto industry. It … Read more

Polymarket predicts a 78% chance Solana ETFs will secure SEC approval this year

Key Takeaways Polymarket bettors predict a 78% chance of SEC approval for Solana ETFs in 2025. Five asset managers have filed applications for Solana ETFs but face challenges with SEC approval. Share this article Bettors on prediction market Polymarket are pricing in a 78% probability that the SEC will approve spot Solana ETFs in 2025, … Read more

Solana ETF approval by July 2025? Polymarket odds spike

The odds of the U.S. Securities and Exchange Commission’s accepting a spot Solana exchange-traded fund are rising. According to Polymarket, the odds of a SOL ETF approval have risen to 71%, up from this week’s low of 58% and last month’s 50%. The rising possibility has been fueled by the incoming presidency of President-elect Donald … Read more

Odds of Trump approving Bitcoin reserves fall: Polymarket

Polymarket users predict that President-elect Donald Trump will not approve a Strategic Bitcoin Reserve within the first 100 days of his administration. A poll with over $1.5 million in funds puts these odds at just 27%, down from 60% after Trump’s election. This is a notable prediction since Polymarket has been highly accurate in the past, … Read more

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