Decentralized prediction market platform Polymarket recently announced that it has suspended access to users in France. This decision was made after the French National Gaming Authority (ANJ) launched a gambling compliance investigation into it. The investigation was caused by a French trader who made large bets on the 2024 US presidential election on the platform.

Although Polymarket has implemented IP bans, users can reportedly still access the platform through VPNs. It is worth noting that Polymarket's terms of service have not yet been updated with relevant restrictions. This incident has once again raised concerns about the compliance and regulatory challenges of decentralized platforms. 🔍