A Polymarket contract asking whether Prabowo Subianto would leave power before 2029 went live on May 21. By May 22, Indonesia's Ministry of Communication had blocked the site nationwide. The government froze 33,000 bank accounts linked to online betting earlier this year. This is the second Asian country to ban Polymarket in a single week.
Spain's Consumer Rights Ministry ordered ISPs to block both platforms after finding they operate without gambling licenses. The ban follows a Polymarket contract on PM Sanchez leaving office and a Kalshi market pricing his exit at 29%. The block list now includes India, Indonesia, Brazil, Ukraine, France, Belgium, Australia, Portugal, Argentina, the Netherlands, and Spain.
BTC clawed back above $67,000 on March 30, posting a 1.1% daily gain. But zoom out: this is the sixth consecutive red monthly close, matching the worst streak in Bitcoin's entire history. The last time this happened, a 300% rally followed. The market is watching whether history repeats or rewrites itself.
SDNY US Attorney Jay Clayton has pushed back against Roman Storm's attempt to use a 2026 Supreme Court copyright ruling as a defense against the two charges a jury deadlocked on last year. The case is a live contradiction: the same DOJ that issued a memo ending 'regulation by prosecution' on crypto platforms is now pursuing a retrial that could send a developer to prison for 40 years for writing open-source code.
The deal gives Payward all three CFTC licenses needed to run a full-stack U.S. crypto derivatives platform. It follows Deutsche Börse's $200 million stake in Kraken earlier this week.
The global financial markets, and specifically the crypto sector, are currently caught in a web of conflicting geopolitical signals.
The Senate passed it unanimously on April 3. Ringleaders whose operations kill victims face life in prison. The government has set an April 2026 deadline to shut down every illegal scam compound inside its borders.
Operating without Bank of Russia registration could bring up to seven years in prison. The Supreme Court says the bill is premature until a broader digital currency law takes effect in July.
Binance cut 12 spot pairs. Bybit removed 7 tokens entirely. Coinbase pulled DAI, TIME, and a dozen futures pairs. The cleanup happened while Consensus Miami was running.
818,334 BTC. A $12.5 billion Q1 loss. An 11.5% dividend on preferred stock that needs to be paid somehow. Polymarket odds on a Bitcoin sale by year-end jumped from 10% to 82% in one week.
Chairman Mike Selig told a FINRA audience that the agency has signed a data-sharing deal with MLB and is now talking to every pro league about insider trading on prediction markets. The NFL, historically resistant, is finally at the table.
Solana-based tokens claiming exposure to Anthropic and OpenAI dropped 40% after both companies said unauthorized share transfers carry no value. PreStocks held $23 million against a $1.5 trillion implied valuation.
Two buyers, 20% each, through new shares. Hours earlier Hana Bank paid $670 million for Upbit's parent. Every major Korean exchange now has a suitor.
Payward grew revenue 3% year-over-year while Bitcoin fell 22% and industry spot volume dropped 38%. Futures DARTs jumped 51%. But adjusted EBITDA collapsed from $168 million to $18 million because the company spent the quarter buying everything it could find.
The largest IPO in history just disclosed the fourth-largest corporate Bitcoin position. SpaceX is targeting a $2 trillion valuation, a June Nasdaq debut under ticker SPCX, and up to $75 billion in capital raised. Goldman Sachs and Morgan Stanley are running the books.
India's Ministry of Electronics ordered ISPs to block Polymarket. The site is already unreachable for Indian users. Local media reports say Kalshi is next. The government classifies all prediction markets as illegal online gambling.
