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Polymarket US rolls out five-minute crypto up-or-down contracts on Bitcoin, Ethereum, Solana and XRP, CoinDesk reports
- Polymarket US rolls out five-minute crypto up-or-down contracts on Bitcoin, Ethereum, Solana and XRP, CoinDesk reports — The contracts, introduced October 28 on the CFTC-regulated US platform operated by QCX, pay one dollar per share on a correct call of whether a coin ends each five-minute window above or below its start price and settle on CF Benchmarks indexes averaged over the final 60 seconds. CoinDesk notes the launch comes as the CFTC examines Polymarket's compliance with its 2022 settlement, according to Reuters reporting. (CoinDesk)
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