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Romanian court upholds ONJN decision to blacklist Polymarket

Regulation

A Romanian court rejected Polymarket's request to suspend the ONJN decision classifying the platform as operating without a licence, according to the report. The regulator blacklisted Polymarket in October 2025 after reporting more than $600m in trading volume during the presidential election and $15m during Bucharest's local elections; it said those totals represented cumulative transactions.

Polymarket remains blacklisted in Romania after the court declined to suspend the regulator’s unlicensed-gambling classification.

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Regulation

CFTC orders exchanges to end US geofencing within 30 days

The Commodity Futures Trading Commission ordered designated contract markets to end US geofencing that conflicts with impartial-access requirements within 30 days, or explain why they cannot comply. The order puts exchanges offering sports-event contracts at odds with court orders restricting Kalshi in several states and on tribal lands. Chairman Michael S. Selig said derivatives markets must operate nationally.

Within 30 days, designated contract markets must end geofencing restrictions in the U.S. that violate “impartial access requirements,” or give reasons they cannot comply, the CFTC has ordered. CFTC Chairman Michael S. Selig said in a statement that derivatives markets "must operate on a uniform basis at a national scale" to serve the purposes of the Commodity Exchange Act.

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