France Orders ISPs to Block Polymarket Following Massive Traffic Surge
France's national gaming regulator has officially ordered internet service providers to implement a total block on Polymarket access. This aggressive crackdown follows a massive surge in traffic from French IP addresses, which recently hit 578,000 visits, prompting authorities to intervene against the crypto-based prediction platform.
The decision highlights the growing tension between decentralized finance tools and traditional gambling regulations. By targeting Polymarket, French regulators are attempting to curb unregulated betting activities, a move that could set a significant precedent for how crypto-based prediction markets are treated across the European Union.
The crackdown is part of an escalating effort to regulate prediction platforms and prevent what authorities describe as rampant, unregulated gambling. As Polymarket continues to gain traction globally, this regulatory hurdle in France marks a critical moment for the intersection of crypto-assets and online gaming laws.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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