Singapore and Thailand have moved to block prediction markets platform Polymarket, adding to the regulatory hurdles facing the venue that surged in popularity during the US election.

Singapore and Thailand have moved to block the prediction markets platform Polymarket , adding to the regulatory hurdles facing the venue that surged in popularity during the US election.

Thailand has joined the growing list of countries cracking down on Polymarket, the crypto-powered prediction platform. Authorities announced plans to ban the platform, accusing it of “facilitating ...

Singapore has officially banned Polymarket, labeling it an illegal gambling platform. The government’s decision came down on January 12, cutting off access to the crypto-based prediction market.

While regulators around the world ban Polymarket for being a gambling platform, attorney Aaron Brogan has a good argument for ...

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Thailand’s law enforcement agency announced they planned to ban Polymarket. The authorities added the gambling website exposed consumers to illegal activities.

Polymarket faces proposed bans in Thailand and Singapore due to allegations of facilitating illegal online gambling through ...

Prediction market platforms Polymarket and Kalshi spend a lot of time and money convincing regulators they’re not gambling.Outside of the U.S.

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Singapore-based users claim that Polymarket has been blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators. Singapore’s crypto-friendly regulations and ...