Polymarket at Risk of Ban in France After 2024 US Election

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TheNewsCrypto 2w ago

Polymarket at Risk of Ban in France After 2024 US Election - TheNewsCrypto

Quick Summary:

The blockchain-based prediction market platform Polymarket, known for its role in the U.S.presidential elections, is facing mounting scrutiny from French gambling authorities. The national gambling authority of France, Autorite Nationale des Jeux (ANJ), reportedly plans to ban Polymarket.

The industry waits for a decision from the Securities and Exchange Commission (SEC) on whether it will introduce its own regulatory framework.

If the ban is enforced, Polymarket in France will be blocked from accessing the site.