EMEA , Regulation
November 25, 2024

Polymarket Blocks French Users Amid ANJ Investigation

Polymarket

Polymarket, a leading prediction market platform, has suspended French users amidst an ongoing regulatory investigation by the Autorité Nationale des Jeux (ANJ). The probe was sparked by reports of a French trader’s $85M bet on Donald Trump’s US presidential election victory. As regulatory scrutiny intensifies, Polymarket seeks to clarify its position in France while navigating […]

EMEA , Regulation
November 8, 2024

France Aims to Ban Polymarket

France Aims to Ban Polymarket

French regulators are taking action against Polymarket after a massive spike in election betting led by a French high-stakes bettor, known as the “Trump Whale.” With millions wagered on U.S. election outcomes, France’s Autorité Nationale des Jeux (ANJ) is now considering a ban on Polymarket, a crypto-based, unregulated betting site, to protect French consumers and […]