Global Pressure Mounts on Prediction Markets Like Polymarket

[cryptobro]

Regulators are tightening scrutiny on Polymarket globally, with countries such as Netherlands, Hungary, Portugal, and Ukraine taking steps to restrict access.

In Colombia, authorities previously warned about the platform’s unauthorized operations.

In Argentina, concerns intensified after Polymarket’s inflation-related bets closely tracked official data, raising questions about potential insider activity.

According to Icon.Partners, regulators are increasingly focusing on how these platforms function in practice—treating them as gambling when users stake money on uncertain outcomes, regardless of how the technology is built.

[mendez]

polymarket is getting so many troubles lately, what about kalshi?