The platform launched the betting market for the GENIUS Act after the US Senate passed it on Tuesday. Cryptocurrency users are betting on the odds that US legislation to regulate payment stablecoins will move forward, following a crucial vote in the Senate and a public push from President Donald Trump to “get it to [his] desk.” As of Thursday, the online betting platform Polymarket shows an 89% chance of the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passing the US Senate and House of Representatives and being signed into law by the president before 2026. The Polymarket bet seemed to have been launched roughly 18 hours after the bill passed in the Senate in a 68-30 vote on Tuesday. It’s unclear whether the bill will have enough support to pass the House in its current form or whether lawmakers could add amendments to address concerns over Trump’s connections to the crypto industry, including World Liberty Financial’s stablecoin, USD1. A majority of senators voted against ...
Clues suggest that Pokémon is headed to Sui, a Filipino Cardinal is a leading Pope candidate on Polymarket, and more. Asia Express Pokmon and crypto fans are speculating that the beloved monster-collecting universe could be taking its first steps into Web3 via the Sui blockchain. On April 23, The Pokmon Company released an update for its Pokmon HOME mobile app, a cloud-based hub for managing and trading Pokmon characters across various games and devices. The update dropped a new medal collection feature, but what really caught the crypto communitys attention was a quiet change in the apps privacy policy. In certain regions, the policy now adds Parasol Technologies as one of the developers that The Pokmon Company may share user data with. Parasol is a blockchain gaming studio recently acquired by Mysten Labs, the core team behind the Sui blockchain. Read more