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Americans traded $571 million on Polymarket political bets despite U.S. ban · Cyprus Report

Tech · World

Americans traded $571 million on Polymarket political bets despite U.S. ban

1 sourceFirst reported 16 days agoUpdated 16 days ago

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Americans have engaged in $571 million worth of political betting contracts on Polymarket over the past year.
Despite a U.S. ban on serving American users, the platform saw the highest trading volume from U.S.-linked wallets compared to other countries.
The majority of the trading activity focused on political bets related to foreign conflicts not listed on U.S. venues.
Polymarket is legally restricted from serving U.S. customers but continues to attract significant interest from them.

Generated by AI from the 1 sources below · always verify with the originals

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Summarising the coverage…

Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

Americans traded $571 million on Polymarket politic bets despite U.S. banCoinDesk · 16 days ago

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AI summary: catch up in 20 seconds

Americans have engaged in $571 million worth of political betting contracts on Polymarket over the past year.
Despite a U.S. ban on serving American users, the platform saw the highest trading volume from U.S.-linked wallets compared to other countries.
The majority of the trading activity focused on political bets related to foreign conflicts not listed on U.S. venues.
Polymarket is legally restricted from serving U.S. customers but continues to attract significant interest from them.

Generated by AI from the 1 sources below · always verify with the originals