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CATEGORY: regulatory scrutiny


Polymarket raises $70M from Vitalik Buterin, Founders Fund

Author: Cointelegraph by Josh O'Sullivan
United States
May 15, 2024 12:00

Polymarket raises $70M from Vitalik Buterin, Founders Fund

Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket has secured funding to expand its global operations despite restrictions.

Apr 27, 2023 06:55

Kraken Fights IRS Over Customer Information


Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020. (Read More)

Jun 09, 2023 10:30

Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure

Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S. Securities and Exchange Commission (SEC) enforcement actions against Binance and Coinbase. Robinhood [...]

The post Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure appeared first on Crypto Breaking News.

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