新加坡封禁
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Cat Eye Focus | Singapore issues the strictest Web3 regulatory order, declaring the end of the regulatory arbitrage era.
The orange cat reminds you that as the market reaches now, every pullback is worth paying attention to, with sector rotation about to ignite.
Solv Protocol is a decentralized asset management yield platform dedicated to aggregating yields from the entire decentralized industry, essentially a comprehensive yield platform on the blockchain. Currently, Solv Protocol mainly provides users with the ability to leverage mainstream decentralized assets, including BTC, ETH, USDT, etc., to earn on-chain yields through the protocol.
The core of Solv Protocol is still to leverage BTC holders, allowing users to stake BTC in exchange for liquidity yield tokens SolvBTC, enabling BTC holders to gain additional yields. Acceptable assets include FBTC, FBTC, WBTC, BNBChain (BTCB), M-BTC, and BTC on the Bitcoin mainnet. The protocol also uses points as an incentive method, allowing users to stake SolvBTC to earn yields and points.
Solv Protocol is a decentralized asset management yield platform dedicated to aggregating yields from the entire decentralized industry, essentially a comprehensive yield platform on the blockchain. Currently, Solv Protocol mainly provides users with the ability to leverage mainstream decentralized assets, including BTC, ETH, USDT, etc., to earn on-chain yields through the protocol.
The core of Solv Protocol is still to leverage BTC holders, allowing users to stake BTC in exchange for liquidity yield tokens SolvBTC, enabling BTC holders to gain additional yields. Acceptable assets include FBTC, FBTC, WBTC, BNBChain (BTCB), M-BTC, and BTC on the Bitcoin mainnet. The protocol also uses points as an incentive method, allowing users to stake SolvBTC to earn yields and points.
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🚫Singapore bans Polymarket, crypto prediction platform in turmoil again!
As global regulators continue to investigate Polymarket's handling of millions of dollars in political bets, the platform is facing increasing scrutiny and regulatory pressure!
Recently, Singapore's gambling regulator blocked the crypto prediction platform Polymarket, which was identified as an "illegal gambling website" for handling gambling activities related to the US election.
The incident was first exposed on Sunday night, and Alex Zuo, vice president of Cobo Investment and Custody, posted a screenshot of the official notice on X.
Currently, users in Singapore who want to access Polymarket will receive a warning from the Gambling Regulatory Authority of Singapore (GRA). Although neither the GRA nor Polymarket has issued an official statement or responded to requests for comment.
However, internal tests have shown that the front end of Polymarket can still be accessed through VPN routing to the Singapore server. There are still sources who say that they can still access the website, and the analysis may be because they have not cooperated with major telecommunications operators in Singapore.
The Singapore GRA's warning is based on its 2022 Gambling Control Act, which stipulates that those who participate in unlicensed gambling services will face heavy fines and even possible imprisonment.
Singapore's move is closely related to Polymarket's complicated regulatory history.
Polymarket was previously blocked and withdrew from the French user market because a trader placed a large bet on Trump winning the election. In the United States, regulatory scrutiny of Polymarket is no longer limited to the regulation of gambling.
Polymarket once reached a settlement with the CFTC, resulting in the blocking of US users. In November last year, the FBI raided the apartment of Polymarket's CEO, but its spokesman attributed it to "political retaliation", which caused great controversy in the market.
Last Friday, the Commodity Futures Trading Commission issued a subpoena to Coinbase for customer information related to Polymarket transactions.
It is worth noting that despite the constant regulatory challenges, Polymarket's users are still growing, with the number of monthly active users in December alone increasing significantly compared to November.
In summary, Polymarket’s development journey has been full of ups and downs. What do you think of the impact of various countries on decentralized markets and applications?
#Polymarket #新加坡封禁 #加密预测平台
As global regulators continue to investigate Polymarket's handling of millions of dollars in political bets, the platform is facing increasing scrutiny and regulatory pressure!
Recently, Singapore's gambling regulator blocked the crypto prediction platform Polymarket, which was identified as an "illegal gambling website" for handling gambling activities related to the US election.
The incident was first exposed on Sunday night, and Alex Zuo, vice president of Cobo Investment and Custody, posted a screenshot of the official notice on X.
Currently, users in Singapore who want to access Polymarket will receive a warning from the Gambling Regulatory Authority of Singapore (GRA). Although neither the GRA nor Polymarket has issued an official statement or responded to requests for comment.
However, internal tests have shown that the front end of Polymarket can still be accessed through VPN routing to the Singapore server. There are still sources who say that they can still access the website, and the analysis may be because they have not cooperated with major telecommunications operators in Singapore.
The Singapore GRA's warning is based on its 2022 Gambling Control Act, which stipulates that those who participate in unlicensed gambling services will face heavy fines and even possible imprisonment.
Singapore's move is closely related to Polymarket's complicated regulatory history.
Polymarket was previously blocked and withdrew from the French user market because a trader placed a large bet on Trump winning the election. In the United States, regulatory scrutiny of Polymarket is no longer limited to the regulation of gambling.
Polymarket once reached a settlement with the CFTC, resulting in the blocking of US users. In November last year, the FBI raided the apartment of Polymarket's CEO, but its spokesman attributed it to "political retaliation", which caused great controversy in the market.
Last Friday, the Commodity Futures Trading Commission issued a subpoena to Coinbase for customer information related to Polymarket transactions.
It is worth noting that despite the constant regulatory challenges, Polymarket's users are still growing, with the number of monthly active users in December alone increasing significantly compared to November.
In summary, Polymarket’s development journey has been full of ups and downs. What do you think of the impact of various countries on decentralized markets and applications?
#Polymarket #新加坡封禁 #加密预测平台
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