Polymarket Blocks French Users Amid Gambling Inquiry

2024-11-22 14:50:14

Abstract generation in progress

Polymarket blocked French users on Friday, weeks after reports that the country’s government was investigating the prediction markets juggernaut for gambling law compliance.

The ban was not reflected in Polymarket’s terms of service at press time, but on Friday a reporter using a VPN attempted to access the website from a French server and ran into a digital blockade.

Unmute# Bitcoin Breaches New Record Above $98K as MicroStrategy Soars and Trump Considers ‘Crypto Czar’

01:56Bitcoin Nears $100K as BTC Battles Pullback with Bullish Sentiment
14:15The Comeback of Bitcoin Programmability Like ‘Renaissance’: Portal VC Founder
02:35Trump Considers Crypto Lawyer for SEC Chair, Picks Howard Lutnick for Commerce Secretary
01:25Bitcoin Posts New ATH Amid BlackRock’s IBIT Options Launch Polymarket fell into the crosshairs of France’s national gaming authority the ANJ after a French trader placed massive bets on Donald Trump to win the 2024 U.S. Presidential election.

The fresh ban was first highlighted on social media by French crypto news site The Big Whale.

Polymarket did not immediately respond to a request for comment. Neither did the ANJ.

Edited by Stephen Alpher.

BAN6.04%

NOT3.85%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.