Hyperliquid and Paradigm urge FinCEN to revise GENIUS Act rules, warning that overreach on secondary markets could undermine DeFi and U.S. stablecoins.
Kalshi faces regulatory scrutiny after refusing an inquiry into influencer advertising disclosures, raising questions about compliance in prediction markets.
South Korean police probe Polymarket users for alleged illegal gambling, marking the first enforcement action against decentralized prediction markets in the country.