France to Ban Polymarket After $3.5 Billion Bet on U.S. Elections

Share This Post

New Crypto Regulation in Pakistan

The post France to Ban Polymarket After $3.5 Billion Bet on U.S. Elections appeared first on Coinpedia Fintech News

France’s gambling watchdog, the Autorité Nationale des Jeux (ANJ), is planning to ban Polymarket, a crypto-based betting platform, for operating illegally in the country. The decision follows Polymarket’s rise in popularity after a French user made large bets on the U.S. presidential election. Over $3.5 billion was wagered on the U.S. election alone. While the ANJ has not officially confirmed the ban, sources say the platform will soon be blocked in France. This move highlights growing concerns around crypto betting platforms and their compliance with national laws.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

AEON Introduces Authorization Payments, Transforming Everyday Transactions With TON

PRESS RELEASE AEON, a pioneering payment protocol, proudly announces its latest innovation: a revolutionary authorization payment feature built on the TON blockchain By contributing to the TON

Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets

The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets According to the public

The Importance and Strategies for Diversification in Cryptocurrency Trading

The post The Importance and Strategies for Diversification in Cryptocurrency Trading appeared first on Coinpedia Fintech News Cryptocurrencies offer enticing investment avenues, attracting diverse

Cryptos First Ever Auction Going Viral with a $450k Raised in 24hrs

The post Cryptos First Ever Auction Going Viral with a $450k Raised in 24hrs appeared first on Coinpedia Fintech News iDEGEN—the world’s first completely uncensored AI—is here, and its machine

Breaking: Bitcoin CME Futures Hit $100k!

The post Breaking: Bitcoin CME Futures Hit $100k! appeared first on Coinpedia Fintech News Bitcoin touched $100,000 on the CME Futures platform while the token’s spot price remained slightly lower

Forget BTC Price Predictions: Dogizen Is Ready To Be 2025’s Real Gainer

The post Forget BTC Price Predictions: Dogizen Is Ready To Be 2025’s Real Gainer appeared first on Coinpedia Fintech News Trump’s return has reignited market optimism, but while Bitcoin bulls