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Polymarket tightens rules to curb manipulation, insider trading risks

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 75 Views

Polymarket tightens rules to curb manipulation, insider trading risks

Polymarket introduced stricter trading safeguards and market limits as it responds to concerns over manipulation, insider trading and market fairness.

Prediction platform Polymarket has updated its market integrity rules amid growing scrutiny over manipulation and insider trading risks.

In a Monday announcement, the company outlined updated rules governing both its global decentralized finance platform and its US exchange, which operates under oversight by the Commodity Futures Trading Commission (CFTC).

The changes come amid growing scrutiny from regulators and politicians over risks tied to insider trading, market manipulation, and the proliferation of controversial event-based contracts.

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