Polymarket at Risk of Ban in France After 2024 US Election

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.

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Article Details

Author / Journalist: Sarayu Krishna

Category: Crypto

Markets: United Arab EmiratesFrance

Topics: Market News Polymarket US Election

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 06:43:48 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23460105

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