French gambling regulator orders ISPs to block Polymarket
COINTELEGRAPH ·
France’s Autorité nationale des jeux (ANJ), or the National Gambling Authority, has ordered internet service providers to block access to Polymarket. Prediction websites are considered illegal gambling, the ANJ said in a Friday press release . Prediction markets allow users to buy and sell contracts tied to the outcomes of future events, from elections and sporting events to economic data and geopolitical developments. Polymarket has surged in popularity over the past two years, with billions of dollars in trading volume, while drawing scrutiny from regulators over whether its event contracts constitute illegal gambling or unlicensed financial products. Countries that blocked access to Polymarket include Singapore , Poland, Portugal, Hungary , Ukraine , Brazil and Indonesia . At press time, Polymarket said it was geoblocked in 36 regions. France’s gambling regulator first shared plans to block the platform in November 2024 for failing to comply with national gambling laws. Related: Polymarket hit by $2.9M theft, users to be refunded France’s gambling authority said Polymarket boasts “addictive features” that are similar to regulated gambling offerings, but “amplified by the absence of the protective mechanisms found in the legal gambling market.” It also cited potential outcome manipulation tied to some event contracts on Polymarket, adding: The cybercrime unit of the Paris Public Prosecutor’s Office launched an investigation into this matter in May 2026 and found a lack of identity verification, such as Know Your Customer checks. Prediction markets have also drawn scrutiny from US regulators. On June 17, Kentucky sued five prediction market platforms, including Kalshi and Polymarket, accusing them of operating unlicensed sports betting platforms. At least 17 other states have followed suit. The Commodity Futures Trading Commission sued eight states , arguing they had interfered with the federal regulator’s exclusive authority over federally regulated event contracts. Magazine: Dubai tops Asian crypto hubs, Taiwan passes crypto laws: Asia Express
AI 시장 분석
The French gambling regulator, ANJ, has ordered the blocking of the decentralized prediction market platform Polymarket within its jurisdiction. This action, based on the determination that the platform violated French gambling laws, is seen as a signal of tightening regulations across Europe. Investors should closely monitor the potential for similar regulations in other countries and the resulting operational risks for the platform.
하락 영향
- Digital Assets — Direct blocking measures by regulators against prediction market platforms increase regulatory pressure on decentralized finance services as a whole. This acts as a negative factor, dampening investor sentiment and increasing operational uncertainty for related projects.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 66% · Bearish (Short) 34%
299 participants
Related News
- 비댁스(BDACS), 리플과 기관급 커스터디 및 디지털자산 생태계 확장 위한 파트너십 체결
- Kaspersky identifies malware framework targeting crypto investors
- Trump has normalized crypto. Is it the path to the next financial collapse?
- [입출금] NEO N3 네트워크 계열 디지털 자산 입출금 일시 중단 안내
- 비트코인, AI 충격과 암호화폐 법안 불확실성 속 $64,000 회복
- The UN has stated that it is difficult to track cryptocurrencies that reach terrorists