Singapore has officially banned Polymarket, labeling it an illegal gambling platform. The government’s decision came down on January 12, cutting off access to the crypto-based prediction market.
Thailand has joined the growing list of countries cracking down on Polymarket, the crypto-powered prediction platform. Authorities announced plans to ban the platform, accusing it of “facilitating ...
While regulators around the world ban Polymarket for being a gambling platform, attorney Aaron Brogan has a good argument for ...
Singapore and Thailand have moved to block the prediction markets platform Polymarket , adding to the regulatory hurdles facing the venue that surged in popularity during the US election.
Polymarket traders use crypto to place wagers on the site, buying “yes” or “no” shares on the outcomes of closely watched events. Betting on the US election caused demand to skyrocket.
Thailand’s law enforcement agency announced they planned to ban Polymarket. The authorities added the gambling website exposed consumers to illegal activities.
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Thailand intends to ban Polymarket over worries about unlawful gambling and cryptocurrency use in online betting.
Thailand moves to block Polymarket over crypto gambling concerns but explores Bitcoin ETFs, aiming to balance regulation and innovation.
More than 800? Estimate correctly and you could wind up with a nice chunk of cash if you were to back your opinion by buying “shares” on Polymarket. The sometimes controversial Polymarket is o ...
Singapore and Thailand have moved to block prediction markets platform Polymarket, adding to the regulatory hurdles facing the venue that surged in popularity during the US election. Singapore’s ...