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South Korean regulators ban Polymarket over gambling law breaches

By SectorWire desk ·

Summary

South Korean regulators have barred Polymarket after the Korea Communications Standards Commission found it breached national gambling law, citing News1. Industry sources warned that the decision could end the country's domestic prediction market sector.

Why it matters

South Korea’s Polymarket ban could end the domestic prediction market sector, industry sources warned.

Entity mapoperates inSouth KoreaPolymarket South KoreaPolymarketKorea Communications SBrazil
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