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Australia Moves to Regulate Crypto Platforms as Parliament Passes Bill for AFSL

Australia Moves to Regulate Crypto Platforms as Parliament Passes Bill for AFSL

[ad_1] Australia’s Parliament has passed legislation that will bring digital asset platforms and tokenised custody providers under the country’s financial services licensing regime. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!). Last year, the Australian Securities and Investments Commission clarified how existing laws apply to digital assets. The guidance […]

Polymarket Files Federal Lawsuit Against Massachusetts, Questioning State’s Ability To Regulate Event Contracts

Polymarket Files Federal Lawsuit Against Massachusetts, Questioning State’s Ability To Regulate Event Contracts

[ad_1] The crypto-based prediction market Polymarket is going to battle against the state of Massachusetts. Polymarket’s chief legal officer, Neal Kumar, says the firm has filed a federal lawsuit against the state, highlighting jurisdictional questions about event contracts. “Congress gave the CFTC, not states, exclusive authority over event contracts. These are national markets with critical […]