US Edition14 Articles
14 Articles
Despite the Portuguese regulator's blockade order, the site that moved 90 million to presidential posts remains accessible to national oppositioners.
Presidential elections were one of the most sought events on the site, which now begins to be blocked by some telecommunications operators. Is there a risk of internal trading?
Cryptonews: Portugal Bans Polymarket Over €4M Insider Trading Scandal
Cryptonews: Portugal Bans Polymarket Over €4M Insider Trading Scandal. “Portugal bans Polymarket after suspicious betting patterns saw over €4 million wagered during the presidential election as odds shifted dramatically two hours before official results, raising insider trading concerns over leaked exit polls.”
Portugal orders Polymarket to shut down over election betting surge - Invest In Crypto News
Portugal prohibits political betting under its 2015 online gambling law. Polymarket remains accessible, but regulators may ask ISPs to block it. Polymarket faces restrictions in 30+ countries, with access limits varying by market. Portugal’s gambling regulator has ordered blockchain-based prediction market Polymarket to cease operations in the country within 48 hours after the platform saw a sharp spike in activity linked to Sunday’s presidentia…
Regulators in Portugal Order Polymarket to Halt Services Over Election‑Betting Boom
Polymarket received an order from the Portuguese regulator SRIJ to cease operations in the country within 48 hours. The measure came after a surge in betting linked to the January 18 presidential election, with a volume exceeding 103 million euros ($120 million). The platform does not hold a license to offer betting in Portugal and operates outside the current law, which only allows wagers on sports, casinos, and horse racing. Betting on politic…
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