Polymarket Blocks French Users Amid Scrutiny of Prediction Bets
- Crypto-based platform takes bets on outcomes of events
- Polymarket’s usage grew strongly with US election markets
France’s gambling regulator has been investigating the operations of Polymarket after a trader made massive bets on Donald Trump winning the US presidential election.
Photographer: Christian Petersen/Getty ImagesThis article is for subscribers only.
Cryptocurrency-based predictions markets Polymarket has blocked users in France from placing new bets on the platform amid growing scrutiny from the nation’s gambling regulator.
Users in France can “continue to access Polymarket for critical information about the events that matter most to them,” but the platform has paused new trades for the time being, a spokesperson for Polymarket said in a statement.