France Considers Ban on Polymarket Amid Regulatory Concerns

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France Considers Ban on Polymarket Amid Regulatory Concerns France’s gambling authority, Autorité Nationale des Jeux (ANJ), is reportedly considering a ban on the decentralized prediction market Polymarket for French citizens.

According to DL News, the ANJ has launched an investigation into Polymarket to determine whether the platform complies with French gambling regulations.

The ANJ’s stance on Polymarket could set a precedent for how decentralized prediction markets are treated in Europe and beyond, potentially shaping the future regulatory landscape for DeFi.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaFrance

Topics: Crypto News France Polymarket Ban

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 07:04:01 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 911 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23458362

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