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Polymarket Pushes Mandatory KYC Amid Regulatory Pressure and Sanctions Risks

Polymarket increases KYC checks during beta testing as regulators raise concerns over sanctions, insider trading, and restricted market access. Polymarket is increasing identity verification efforts as regulatory pressure continues growing worldwide. The prediction market platform aims to minimise sanctions risks and potential legal issues. Furthermore, there is a close monitoring...

BIS Pushes Tokenized Cross-Border Payments Into Real-Value Phase

BIS begins real-value blockchain payment testing with central banks and global firms, advancing tokenized cross-border settlements and digital finance innovation. The Bank for International Settlements is moving blockchain payments into a major new phase. The institution will soon start real-value transaction testing for Project Agorá. Major Central Banks Join BIS...

Mastercard Secures New York BitLicense in Major Crypto Move

Mastercard Transaction Services (U.S.) LLC received a BitLicense from NYDFS, entering regulated crypto operations in New York. The approval supports Mastercard’s strategy to engage with stablecoins and tokenized deposits within compliant payment infrastructure. Mastercard’s chief product officer cited regulatory clarity as central to building trust in digital asset payment systems....