Battling a legal soup in the U.S., controversial cryptocurrency-based betting platform Polymarket was refused access in another key financial market, Singapore, locals said on Sunday. What happened: Alex Zuo, investments and custody vice president of cryptocurrency wallet provider Cobo, posted a snippet of an official notice that Singaporeans trying to use the platform were receiving. "You have attempted to access an illegal gambling site hosted…

Benzinga

New York

United States

Singapore Cracks Down On Polymarket: Regulator Issues Warning Against 'Illegal Gambling'

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Media Bias/Fact Check

Singapore-based users claim that Polymarket has been blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators.

Cointelegraph

Singapore blocks access to Polymarket over unlicensed gambling concerns

Another jurisdiction has Polymarket in its crosshairs. Over the weekend, Singapore’s Gambling Regulatory Authority (GRA) ordered local internet service providers to block access to the prediction market platform, according to reports from users in the city-state. “You have attempted to access an illegal gambling site hosted by an unlicensed gambling service provider,” the announcement reads,... The post Singapore Blocks Polymarket, Following Tai…

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Coin Desk

Manila

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Philippines

Singapore Blocks Polymarket, Following Taiwan and France

Singapore joins the U.S., Taiwan, France, and others in the list of jurisdictions where access to the prediction markets platform is restricted.

CryptoPanic

Singapore bans Polymarket amid national crackdown on online gambling sites

Singapore has become the latest international jurisdiction to restrict access to prediction marketplace Polymarket, joining the U.S., France, Taiwan, …

Cryptocurrency News | Cryptocurrency Prices | Market Cap

Polymarket faces mounting pressure as global regulators probe it for handling multimillion-dollar political wagers.

decrypt.co

Singapore Blocks Access to Polymarket Over Gambling Law

coinstats.app

CoinStats - Singapore bans Polymarket amid national crack...

Singapore has officially banned Polymarket, labeling it an illegal gambling platform. The government’s decision came down on January 12, cutting off access to the crypto-based prediction market. The platform, which allows users to bet on anything from elections to sports, has been accused of operati...

http://coinprofitnews.com

Polymarket has been banned in Singapore, declared an illegal gambling site

Singapore blocked Polymarket, warning users that gambling with unlicensed providers can result in fines or jail time.

Cryptonews.com

Polymarket Banned in Singapore for Unlicensed Gambling

Singapore’s gambling regulator has blocked access to Polymarket, a controversial crypto predictions platform, marking another hurdle for the platform amid increasing regulatory scrutiny. The Gambling Regulatory Authority (GRA) of Singapore has flagged Polymarket as an “illegal gambling site” operated by an unlicensed provider. Users in Singapore now face a warning message when attempting to access […]

Bitcoin Insider

Singapore blocks access to crypto prediction platform Polymarket

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Singapore Cracks Down On Polymarket: Regulator Issues Warning Against 'Illegal Gambling'

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