🔥Polymarket is banned in Argentina 👀
One more country that imposes severe restrictions on #Polymarket . A court in Buenos Aires has ordered the nationwide closure of the Polymarket prediction market, claiming that this platform operates in the country as an online betting system without a
license.
According to local media, Judge Susana Parada orders internet service providers to restrict access to the site throughout Argentina, as well as demands that #Google and #Apple remove access to the application from the application
market.
For the authorities of the country, there are red flags with Polymarket, such as allowing users to place bets without identity or age verification. Scrutiny of Polymarket has increased in recent days when inflation data was released in Argentina.
They state that the volume in this prediction market grew rapidly before the official figures were published, raising certain doubts about insider trading.
Do you agree with this ban in Argentina?
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