News Explorer — Portugal's Gambling Regulator Blocks Polymarket

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Jan 20, 11:29 am

Coindesk

Portugal's Gambling Regulator Blocks Polymarket

Blockchain-based prediction market Polymarket has been ordered by Portugal's gambling regulator to cease operations in the country within 48 hours due to unauthorized betting on the presidential election. The platform, which allows users to bet on real-world events, is facing restrictions in over 30 countries.

Blockchain-based prediction market Polymarket has been ordered by Portugal's gambling regulator to cease operations in the country within 48 hours due to unauthorized betting on the presidential election. The platform, which allows users to bet on real-world events, is facing restrictions in over 30 countries.

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