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Polymarket blocks French users amid regulatory probe – TON BOT

Polymarket blocks French users amid regulatory probe

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Polymarket, a blockchain-based prediction market, has blocked access to French users due to a government investigation into compliance with gambling laws. The platform allows users to bet on real-world outcomes using crypto. The move comes amid scrutiny from France’s national gaming authority. The investigation was prompted by a trader placing bets on Donald Trump winning the 2024 US presidential election. Polymarket’s decentralized nature raises regulatory questions, with the outcome of the investigation potentially setting a precedent for prediction markets in regulated jurisdictions.

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