Romania Blacklists Polymarket for Illegal Crypto Betting Amid $600M Election Wagers

Polymarket plots US comeback, but gets banned in Romania

Romania's regulators argue that while Polymarket promotes itself as an “event trading platform,” its structure constitutes counterparty betting.

Romania Blacklists Polymarket for Unlicensed Gambling

Watchdog Cites Surge in Crypto Election Betting Romania’s National Office for Gambling (ONJN) has blacklisted blockchain-based prediction market Polymarket, calling it an unlicensed gambling operator. The regulator said the platform offered betting services to local users without authorization and outside fiscal supervision. The decision follows what ONJN described as a surge in crypto-based betting during Romania’s presidential and local electi…

Romanian regulator blacklists Polymarket over licensing issues

Leading prediction platform Polymarket has been blacklisted by Romania’s National Office for Gambling (ONJN). According to the Romanian regulator, the prediction website has been operating in the country, carrying out gambling activities without an active license from the required agency. “The decision to include Polymarket on the blacklist is not related to technology, but to the law,” ONJN President Vlad-Cristian Soare said in a statement. “Re…

Romania blacklists Polymarket for illegal crypto betting amid $600M election wagers

Romania’s gambling regulator banned Polymarket for operating without a license after $600 million in crypto election bets, calling its model illegal gambling, not trading.

Romania Cracks Down on Unlicensed Gambling: Polymarket Platform Banned

Romania’s National Office for Gambling (ONJN) has officially banned the Polymarket platform, a move that comes after a significant surge in unregulated betting activity during the country’s recent election period. The decision highlights growing concerns among European regulators regarding the classification and oversight of prediction markets. Key Takeaways Romania’s gambling authority has blacklisted Polymarket for operating without a license…