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South Korea gives Polymarket final chance before crackdown – TON BOT

TON BOT

South Korea gives Polymarket final chance before crackdown

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South Korea is allowing Polymarket to defend its operations before deciding on possible corrective action regarding concerns that the prediction market platform may violate the country’s gambling laws. The review follows an earlier police investigation into South Korean Polymarket users over alleged illegal gambling, with authorities assessing whether the platform’s prediction markets comply with domestic regulations. Polymarket has already limited access in multiple jurisdictions to comply with various laws and regulations. The review committee has not announced any enforcement action yet, pending Polymarket’s response.

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