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.
While regulators around the world ban Polymarket for being a gambling platform, attorney Aaron Brogan has a good argument for ...
Thailand has joined the growing list of countries cracking down on Polymarket, the crypto-powered prediction platform.
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 ...
Thailand intends to ban Polymarket over worries about unlawful gambling and cryptocurrency use in online betting.
Thailand’s law enforcement agency announced they planned to ban Polymarket. The authorities added the gambling website exposed consumers to illegal activities.
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.