Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.