France Cracks Down on Crypto-Based Prediction Market Polymarket

French regulators are examining Polymarket, a decentralized prediction market platform, due to concerns it operates as an unlicensed gambling service. Polymarket allow

s users to bet on future events using cryptocurrency, a model French authorities believe classifies as gambling. If found non-compliant, the platform could face a ban.

Source

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *