France blocks access to betting site Polymarket
STRAITS ·
The webpage of online prediction site Polymarket will be blocked on French territory, French officials said. The national gaming authority ANJ warns that promoting unauthorised betting sites is a criminal offence with fines up to €100,000. Incidents linked to prediction markets include a hacked weather probe for fixing bets and US federal charges against a soldier using classified information to gamble. PARIS - France said on July 17 it was blocking access to the online prediction market Polymarket, as punters continued to make bets despite a ban already in place. The national gaming authority ANJ said on July 17 that Polymarket’s webpage would be blocked on French territory, which adds to a November 2024 ban on financial transactions to the site. Polymarket is one of a number of online prediction markets which allow people to bet on the outcome of future events. The regulator said that despite the ban on transactions from French accounts, visits from French internet addresses to Polymarket’s site have been rising, hitting 578,751 in June. The betting markets have caused a number of problems. France’s weather agency Meteo-France filed a complaint in April after one of its weather probes was hacked in order to fix bets on Polymarkets. A US soldier is facing federal charges for using classified information to bet on online prediction markets related to the US operation in January to capture former Venezuelan president Nicolas Maduro. He allegedly made more than $400,000. The White House said on July 16 a teleprompter operator had been suspended over allegations he placed bets with a prediction market on the content of US President Donald Trump’s speeches. France is one of a number of European countries that restrict or block access to online prediction markets such as Germany, Italy and Spain, according to the ANJ. France allows online sports betting. AFP
AI 시장 분석
French regulators have taken action to block access to the prediction market platform Polymarket. This reflects a trend of tightening regulations on crypto-based betting services in Europe, placing a hurdle on the platform's expansion in the European market. Investors should closely monitor regulatory risks, keeping in mind the possibility that these measures may spread to other countries.
하락 영향
- Crypto Assets — The direct blocking of access to prediction market platforms by regulatory authorities is interpreted as increased regulatory pressure on decentralized finance services as a whole. This acts as a negative factor that dampens investor sentiment and hinders the expansion of market share for related projects.
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