Polymarket suspends access to its platform for French users due to regulatory investigation
ChainCatcher news, according to CoinDesk, the decentralized prediction market platform Polymarket has announced the suspension of access to its platform for users in France. This move comes weeks after the French National Gaming Authority (ANJ) launched a gambling compliance investigation into the platform.
It is reported that the investigation stems from a large bet placed by a French trader on the platform regarding Trump's victory in the 2024 U.S. presidential election. Although Polymarket has implemented IP bans, users can still access the platform via VPN, according to the French cryptocurrency news site The Big Whale.
As of the time of publication, Polymarket's terms of service have not been updated with the relevant restrictions.
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