As a seasoned researcher with years of experience navigating the complex world of digital markets and regulatory compliance, I find it intriguing how these platforms seem to dance around the line between innovation and regulation. In this case, Polymarket’s decision to block French users raises eyebrows, especially considering the lack of clear communication regarding this change in their terms of service.
On Friday, access to Polymarket was restricted for French users, following reports of an investigation by the French government regarding potential violations of gambling laws several weeks prior.
At the point of press, I found no mention of a ban within Polymarket’s terms of service. However, as an analyst, I personally tested the website’s accessibility by routing my connection through a VPN from a French server on Friday. To my surprise, I encountered a digital barrier, suggesting that the site may have been blocked for users accessing it from certain locations.
Polymarket, an online prediction market platform, found itself under scrutiny by France’s gaming regulator, the ANJ, following large wagers made by a French individual predicting Donald Trump’s victory in the 2024 U.S. presidential elections.
The fresh ban was first highlighted on social media by French crypto news site The Big Whale.
Polymarket did not immediately respond to a request for comment. Neither did the ANJ.
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2024-11-22 17:57