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Polymarket banned in Argentina after regulatory probe – TON BOT

Polymarket banned in Argentina after regulatory probe

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Argentina has blocked prediction market platform Polymarket nationwide due to concerns about illegal gambling, risks associated with crypto payments, and lack of identity verification. The platform was found to operate outside the legal gambling framework, leading authorities to enforce the ban with the help of ENACOM, Google, and Apple. This decision follows complaints from local gaming bodies and raises broader regulatory concerns about the platform blurring the line between financial speculation and gambling. Similar actions have been taken in other countries, such as Colombia and Romania, against Polymarket for unauthorized gambling activities.

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