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- An Argentine court ordered ISPs, Google, and Apple to block access to Polymarket nationwide.
- Authorities claim the platform operated as an unlicensed betting system without identity checks.
- The ban adds to a growing list of countries restricting the prediction market platform.
A court in Buenos Aires has ordered a nationwide block of Polymarket, citing concerns that the crypto-based prediction platform operates as an unlicensed online betting system.
The ruling, issued by Judge Susana Parada, directs internet service providers to restrict access to the site across Argentina and requires Google and Apple to remove or limit access to its mobile applications, according to a report from local outlet Buenos Aires Times.
Prosecutors said the platform allowed users to place wagers without identity or age verification, enabling accounts to be created within minutes. Authorities argued that such gaps left minors able to participate without controls.
...read more at theblock.co
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Not shocking; if the government can't get in on the grift, why allow it?
Bet they'll happily allow prediction vendors that do KYC and report winnings to them.