China convicts BKEX staff for illegal gambling via crypto contracts
A Chinese court found BKEX’s crypto contract trading functioned as illegal gambling, sentencing employees to prison for facilitating unauthorized betting. Source link
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 […]
