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  1. Home
  2. Crypto Lifestyle
  3. Romania Bans Polymarket for “Illegal Gambling”

Romania Bans Polymarket for “Illegal Gambling”

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  • chainsniffC Offline
    chainsniffC Offline
    chainsniff
    wrote on last edited by
    #1

    f4c4266e-861c-4d63-9200-e7d4a215bc53-image.png

    Romania’s National Office for Gambling (ONJN) has blacklisted Polymarket, calling it an unlicensed gambling platform.
    Officials say Polymarket’s crypto-based event betting during national elections generated over $600 million in trading volume.
    ONJN said the platform’s “counterpart betting” structure meets the legal definition of gambling, regardless of blockchain use.
    Internet providers have been ordered to block access to the site.

    1 Reply Last reply
    0
    • Abdul KhanA Offline
      Abdul KhanA Offline
      Abdul Khan
      wrote on last edited by
      #2

      Classic regulatory gray zone — prediction markets still need clearer classification. ⚖️

      1 Reply Last reply
      0
      • A Offline
        A Offline
        alex10
        wrote on last edited by
        #3

        Every ban like this just highlights how ahead of the curve Polymarket actually is. ⏳

        1 Reply Last reply
        0
        • The_Walking_DeadT Offline
          The_Walking_DeadT Offline
          The_Walking_Dead
          wrote on last edited by
          #4

          When regulators can’t categorize something new, they ban it. Clear frameworks for prediction markets are overdue.

          Rimon KhanR 1 Reply Last reply
          0
          • SwipeS Offline
            SwipeS Offline
            Swipe
            wrote on last edited by
            #5

            If Polymarket is getting banned, it means it’s disrupting the status quo. Innovation always hits resistance first.

            1 Reply Last reply
            0
            • Jan Emil ChristiansenJ Offline
              Jan Emil ChristiansenJ Offline
              Jan Emil Christiansen
              wrote on last edited by
              #6

              For sure gambling.

              https://x.com/cxcrypto1
              https://www.youtube.com/JanEmilChristiansen

              1 Reply Last reply
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              • The_Walking_DeadT The_Walking_Dead

                When regulators can’t categorize something new, they ban it. Clear frameworks for prediction markets are overdue.

                Rimon KhanR Offline
                Rimon KhanR Offline
                Rimon Khan
                wrote on last edited by
                #7

                @The_Walking_Dead ✅✅✅✅

                1 Reply Last reply
                0


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