France's gambling authority has told internet providers to block Polymarket. The regulator is concerned about illegal gambling and possible market manipulation on the platform, making it inaccessible to users in France.
France's gambling regulator, known as ARJEL, has taken action against Polymarket. This platform allows users to bet on future events, which the regulator considers illegal gambling in France. ARJEL has told internet service providers (ISPs) to 'geoblock' Polymarket. This means ISPs must prevent people in France from accessing the website. The regulator also mentioned worries about potential market manipulation on the platform. This move aims to protect French citizens and enforce national gambling laws, ensuring compliance with local regulations.
