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Don't remind me again today

What happened in the prediction markets last year? You could say it was a story of highs and lows.



On one hand, policies were loosening: the US opened the door to political betting, the CFTC gave Kalshi the green light to become the first licensed event contract platform, and after the new administration took office, they even disbanded the crypto enforcement task force.

On the other hand, enforcement actions continued: the CEO of Polymarket had their home searched by the FBI—even the industry leader couldn't escape.

This contradiction is quite interesting—regulators are opening up, but they're also drawing boundaries. For prediction markets to move from the gray area into the spotlight, it looks like they’ll need to prepare for a long tug-of-war. The road to compliance is bound to be bumpy.
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MidnightMEVeatervip
· 10h ago
Good morning everyone, I saw this thing at three in the morning... Polymarket CEO is being investigated, while Kalshi has obtained a license. Isn't this a typical case of "you can, but you can't"? The regulators are opening the door on one hand while waving the big stick on the other, it's really something.
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RetailTherapistvip
· 11-22 05:53
Compliance is like a gambler trying to quit; it sounds nice, but very few can actually stick with it.
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SmartContractRebelvip
· 11-22 05:50
This is a typical case of giving candy with the left hand while hitting with the right hand. This is how the regulatory authorities play it; saying they are loosening restrictions is actually tightening the trap.
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HashRatePhilosophervip
· 11-22 05:50
To put it bluntly, it's like giving candy with the left hand and swinging a knife with the right. I laughed so hard when that guy from Polymarket got investigated, and then they turned around and gave Kalshi a license... It's just ridiculous.
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TestnetNomadvip
· 11-22 05:49
Haha, this is the American double standard—relaxing restrictions on one side while cracking down on the other, a typical case of playing both sides. Kalshi only got the license because of their connections; if it were another platform, they would have been shut down long ago.
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wagmi_eventuallyvip
· 11-22 05:44
Haha, regulation is really two-faced, giving candy in one hand and hitting with a stick in the other.
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MetaverseVagabondvip
· 11-22 05:35
This is what Web3 should look like: a carrot in one hand and a stick in the other.
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