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South Korea Launches Illegal Gambling Investigation into Prediction Market Platform Polymarket

Source: en.bloomingbit.io Event types: Regulation/Compliance
Legal professionals pointed out that if the review concludes that Polymarket has violated regulations, it could face the risk of being blocked—or even forced to exit the market—in South Korea. Currently, several countries—including France, Germany, and Italy—have designated Polymarket as an illegal gambling website and blocked access to it.

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