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