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Karrot_Kream 4 hours ago

Polymarket is not CFTC regulated, it's considered illegal in the US. CFTC does not allow betting on securities prices. Cryptocurrency is a bit of a gray area because it's not considered a registered security.

N.B. it becomes a bit frustrating to talk about financial and regulatory things on this site because the level of knowledge is generally "I read some articles on social media about markets" level.

alephnerd 3 hours ago | parent [-]

> Cryptocurrency is a bit of a gray area because it's not considered a registered security

Additionally, the SEC and CFTC guidance on what digital asset can be treated as a security and what can be treated as a commodity was only released a couple weeks ago [0].

Stuff is changing rapidly so it's best to keep an experienced regulatory lawyer on retainer.

> N.B. it becomes a bit frustrating to talk about financial and regulatory things on this site because the level of knowledge is generally "I read some articles on social media about markets" level.

Yep. It is what it is.

[0] - https://www.morganlewis.com/pubs/2026/03/crypto-clarity-sec-...