Polymarket Banned in the Netherlands as Dutch Regulator Cites Illegal Gambling Activity
The Netherlands Gambling Authority banned Polymarket for illegal gambling, imposing fines of €420,000 per week on its parent company.
Coinlytx
Top Crypto News: Bitcoin, Ethereum & Altcoins
Coinlytx
Top Crypto News: Bitcoin, Ethereum & Altcoins
Tag Crypto Regulation
USDC Yield Isn’t DeFi, Says Vitalik, as ETH Stablecoins Take Spotlight
Vitalik Buterin has reignited debate across DeFi as crypto markets remain volatile. The Ethereum co-founder dismissed USDC yield strategies. According to his argument, ETH-backed algorithmic stablecoins align with DeFi’s original goal of reducing counterparty risk. As of press time, Stablecoins…
SEC Drops Gemini Lawsuit After Investors Are Fully Repaid
The SEC dismisses its lawsuit against Gemini after full repayment to investors in the Earn program through Genesis’s bankruptcy.
SEC Signals New Phase in US Crypto Regulation With Focus on Real-World Use
Quick Takeaways: The U.S. Securities and Exchange Commission is altering its approach to discussing crypto. The shift is not loud, but it is significant. By concentrating solely on enforcement, the SEC has started providing practical advice. That advice focuses on…