Singapore, Thailand move to block crypto betting site polymarket
11 hours ago · Singapore and Thailand have moved to block prediction markets platform Polymarket, adding to the regulatory hurdles facing the venue that surged in popularity during the US election. Singapore’s Gambling Regulatory Authority blocked access to Polymarket in December as it was deemed to be providing unlawful gambling, a spokesperson said in a ...
Singapore defines Polymarket as an illegal gambling site
3 days ago · As part of Singapore’s crackdown on unlicensed gambling platforms, the country has blocked access to crypto-based prediction firm, Polymarket. On 12 January, multiple users reported that they were unable to access Polymarket in Singapore, and those who do use it risk an SGD 10,000 penalty, six months in jail, or both.
Singapore blocks access to Polymarket over unlicensed …
4 days ago · Singapore has blocked access to Polymarket, a cryptocurrency-based prediction market, as part of a crackdown on unlicensed gambling platforms. On Jan. 12, multiple users reported being unable to ...
Singapore Blocks Access to Polymarket Over Gambling Law
3 days ago · Singapore's gambling regulator has blocked access to Polymarket, a controversial crypto predictions platform under scrutiny for its handling of U.S. election-related betting. Reports of users being denied access first emerged Sunday evening, with Alex Zuo, investments and custody vice president for Cobo, tweeting a screenshot of an official notice.
Singapore Imposes Ban on Polymarket Amid Online Gambling …
2 days ago · Singapore has officially restricted access to the prediction marketplace Polymarket, a significant step in its ongoing effort to combat unlicensed online gambling.
Polymarket has been banned in Singapore, declared an illegal
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.
Polymarket Faces Multi-Country Regulatory Action as Singapore …
3 days ago · Singapore’s Gambling Regulatory Authority (GRA) has blocked access to Polymarket, declaring it an illegal gambling site with potential penalties of up to $10,000 or 6 months imprisonment Polymarket saw record trading volumes of $2.5 billion in October 2024, but data suggests 86% of traders have lost money on the platform
Singapore Blocks Polymarket, Following Taiwan and France
3 days ago · 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 ...
Singapore blocks access to Polymarket over unlicensed …
Singapore has blocked access to Polymarket, a cryptocurrency-based prediction market, as part of a crackdown on unlicensed gambling platforms. On Jan. 12, multiple users reported being unable to ...
Singapore Imposes Ban on Polymarket Amid Online Gambling …
2 days ago · Singapore has officially restricted access to the prediction marketplace Polymarket, a significant step in its ongoing effort to combat unlicensed online gambling. This move is part of a broader crackdown that has already seen over 3,800 gambling websites shut down since the beginning of the year.
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