South Korea\'s Broadcasting Media and Communications Review Committee voted to block domestic access to the overseas prediction market platform Polymarket after judging it constitutes illegal gambling and speculative activity under Korean law. The committee said the platform could amount to aiding gambling or opening a gambling venue and similar acts under relevant statutes. It rejected arguments that removing Korean-language services and won payments or using decentralised technology exempts it from Korean laws.

Odds that the United States will pass the CLARITY bill, a crypto market structure measure, by year-end have fallen to about 40 percent, an outlook said. Democrats are amplifying concerns over President Donald Trump’s potential crypto conflict of interest, raising uncertainty around the bill. Polymarket reflects the reduced probability. Market activity slowed in the second quarter, while prediction markets and tokenised stocks grew. Security threats persisted, and Base said it is shifting strategy.