Polymarket Blocks French Users Amid Scrutiny of Prediction Bets

Cryptocurrency-based predictions markets Polymarket has blocked users in France from placing new bets on the platform amid growing scrutiny from the nation’s gambling regulator.

Users in France can “continue to access Polymarket for critical information about the events that matter most to them,” but the platform has paused new trades for the time being, a spokesperson for Polymarket said in a statement.

“We took this step proactively while we continue to engage with stakeholders in the country about our platform and prediction markets more generally,” the statement reads. Crypto media publication The Block reported on the blockage of French users ...