Verifact Markets Launches Prediction Markets on Disputed Historical Facts
- —Markets let users bet true/false on past events, not future ones
- —Trades are settled in stablecoins on an on-chain platform
- —Service is restricted to non-US users; it lacks a US exchange license
- —The project is funded by the family office Positron Capital Management
Why it matters: The new format could intensify regulatory debate over whether prediction markets are financial instruments or gambling.
Source: Wired Crypto