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singapore bans polymarket

Singapore Bans Polymarket Over Regulations Violation Concerns

Key Takeaways: Singapore has blocked Polymarket, citing violations of its strict Gambling Control Act. The platform, classified as illegal gambling, faces penalties, including fines and imprisonment for violators. This action reflects Singapore's broader caution toward unregulated decentralized finance platforms globally. The Gambling Regulatory Authority of Singapore has ordered internet service providers to block access to…

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Bitcoin

Bitcoin Betting Trends Reveal 30% Confidence in $100K Milestone by Year-End, 21% Eye $150k in 2025

Discover Polymarket’s Bitcoin predictions, with 30% confidence in $100K by year-end and 21% betting on $150K by March 2025. Explore what these trends mean for Bitcoin’s future. Polymarket's Wagering Activity Highlights Market SentimentParticipants on Polymarket, a decentralized prediction platform, are showing a modest 30% confidence that Bitcoin (BTC) will surpass the $100,000 threshold before the…

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