Polymarket Blocked France: What Happened? 🇫🇷❌
Polymarket, a popular platform for forecast trading, unexpectedly closed access for users from France. Why? The thing is that the French gaming regulator ANJ launched an investigation, suspecting the platform of violating gambling laws. 🎲👮♂️
This story began after a French trader placed a large bet on the outcome of the US presidential election 🇺🇸. Such activity clearly did not go unnoticed and raised questions from regulators.
Polymarket decided not to wait for the investigation and temporarily restricted access so as not to risk its status.
What does this mean for the crypto community?
1️⃣ Increased regulation even in the crypto space.
2️⃣ Attention to forecast platforms that intersect with gambling laws.
What do you think, should such platforms be regulated as gambling? Write your opinion in the comments! 💬👇