US Edition
Crypto Prediction Platform Polymarket Blocked In Argentina For Facilitating Unauthorized Betting: Report
The court ruled Polymarket operates as an unlicensed betting platform with weak age and identity checks, risking exposure of minors, officials said.
- On Monday, March 16, Buenos Aires Judge Susana Parada ordered a nationwide block on Polymarket, directing internet providers to restrict access and requiring Apple and Google to remove mobile apps.
- The City of Buenos Aires Lottery and CASCBA pushed the case, as prosecutors described the platform as a "concealed online betting system" lacking mandatory age or identity verification.
- Argentina's communications regulator, ENACOM, is implementing the measure after confirming the company holds no licenses; the probe gained attention when Polymarket appeared to predict Argentina's February inflation figures before the official INDEC release.
- Polymarket now faces restrictions in more than 30 countries, including France, Germany, Italy, Australia, and Poland, as authorities in various nations treat the platform as an unlicensed gambling site.
- Earlier this year, Ukraine ordered internet providers to block the site, with Dmitry Nikolaievskyi of the Ministry of Digital Transformation confirming there is no legal path for the platform to operate there.
27 Articles
27 Articles
Crypto Prediction Platform Polymarket Blocked In Argentina For Facilitating Unauthorized Betting: Report
An Argentinian court ordered a nationwide block of betting market platform Polymarket on Monday and instructed Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Apple Inc (NASDAQ:AAPL) to remove access to its mobile applications within the country. ‘Concealed Online Betting System’ The court issued the order in response to an investigation led by a specialized gambling prosecution office, according to a report by Buenos Aires Times. The in…
It was denounced for operating without authorization; the country becomes the first in Latin America to restrict entry to the platform
Argentina Blocked Access to Polymarket, the World’s Largest Controversial Predictive Market Platform
It was resolved by the Porteña Justice, but the measure is national in scope. It is the first country in the region to apply such a measure.
Argentine Court Blocks Polymarket Nationwide, Intensifying C
Argentina fully blocks Polymarket, citing regulatory violations and unauthorized disclosure of economic data. The decision aligns Argentina with several countries tightening restrictions on prediction market platforms. Continue Reading:Argentine Court Blocks Polymarket Nationwide, Intensifying Cra...
Now in Mexico: They're proposing to limit children's access to social mediaThe new digital anxiety: 8 out of 10 people fear that someone will look at their phone screen, according to a studyThe Buenos Aires justice system ordered the blocking of the Polymarket prediction platform and will order Google and Apple to eliminate access to their mobile apps in Argentina, according to a statement from the prosecution published on Monday.Polymarket is a…
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
