TLDR Tech / Crypto
Czech Republic moves to block Polymarket over unlicensed gambling
The Czech Ministry of Finance added Polymarket to its list of unauthorized internet games, requiring ISPs to block the platform within 15 days, joining Germany, Belgium, Romania, Switzerland, Poland, Greece, Cyprus, Portugal, Spain, Ukraine and Brazil in restricting access. The crackdown coincides with US regulatory pressure, including a Polymarket-affiliated entity's pending NFA application for regulated margin trading and a Senate call for a CFTC investigation into alleged fake betting promotions. Despite the headwinds, combined monthly volume across Kalshi, Polymarket and Polymarket US rose 75% in June to $44.8 billion amid World Cup activity.
Read the full story