[France suddenly strikes hard: Polymarket faces nationwide blocks, prediction markets see another regulatory storm]
The French National Betting Management Authority (ANJ) has announced that it has asked local internet service providers to fully block the prediction market platform Polymarket.
Regulators accuse the platform of promoting illegal betting services. Not only could it cause users to suffer massive losses, some betting markets are also believed to be at risk of being manipulated.
Until Polymarket meets France’s betting regulatory requirements, it will remain under a blockade.