Polymarket, a blockchain-based prediction market, has recently restricted access for French users due to government investigation into its compliance with national gambling laws. The platform, which allows users to bet on real-world outcomes using cryptocurrency, implemented this block on November 22 amid heightened scrutiny from France’s national gaming authority, the ANJ.
The investigation likely began after a French trader placed significant bets on President Trump winning the 2024 US presidential election, an event that attracted substantial activity on the platform. This move highlights the challenges decentralized platforms face when dealing with varying regulatory landscapes, and may set a precedent for prediction markets operating in highly regulated jurisdictions.
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<p>The post Polymarket: Blockchain Betting Platform Blocks French Users Amid Government Investigation first appeared on CoinBuzzFeed.</p>
