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South Korea’s media commission blocks Polymarket over alleged illegal gambling

Enforcement & compliance

South Korea’s Korea Media and Communications Standards Commission blocked access to Polymarket on 18 August, according to the report. The commission said the platform’s information could facilitate illegal gambling; Polymarket said it had removed Korean-language services and disabled won payments, while disputing that it violated Korean law.

The block restricts access and signals regulatory scrutiny, despite Polymarket’s changes to Korean-language services and won payments.

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