Polymarket Blocks French Users Amid Regulatory Scrutiny

by CryptoExpert

November 22, 2024

in Finance

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Polymarket, the blockchain-based prediction platform, has blocked users in France following an investigation by the French gaming regulator, Autorité Nationale des Jeux. The restriction prevents users in France from placing bets or trading on Polymarket, though the platform remains accessible in a view-only mode. The move comes amid scrutiny over the platform’s compliance with French gambling laws and controversy after a French trader placed massive bets on Donald Trump to win the 2024 U.S. Presidential election.

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