SectorWire
SearchGet the daily briefing
Menu

Ukraine regulator orders Polymarket blocked over illegal gambling classification

Enforcement & compliance

Ukraine’s National Commission for the Regulation of Electronic Communications ordered internet service providers to block Polymarket, reportedly under Resolution No. 695. The regulator considers the platform’s services illegal gambling under Ukrainian law, and polymarket.com has been added to the country’s blocked-resources list.

Operators and prediction-market platforms face a Ukrainian access block based on the regulator’s classification of Polymarket as illegal gambling.

Request a correction

Keep reading

Enforcement & compliance

DGOJ opens sanction files against Polymarket and Kalshi over prediction markets

Spain's DGOJ opened sanction proceedings against Polymarket and Kalshi on 26 May and ordered a precautionary block of their websites for allegedly operating without the required authorisation. The regulator treats risking money on uncertain future events as gambling under Spanish law, and Jdigital backed the block.

Spain's DGOJ opened sanction proceedings against Polymarket and Kalshi on 26 May and ordered a precautionary block of their websites, according to a report. The regulator said the platforms were allegedly operating without the necessary administrative authorisation. The DGOJ considers that when users risk money on uncertain future events, the activity is gambling subject to Spanish law.

Continue reading