Argentina joins growing list of countries blocking Polymarket access
Summary
A Buenos Aires court ordered a nationwide block on the prediction market platform Polymarket, directing internet providers to restrict access and compelling Apple and Google to remove its mobile apps. The ruling, executed via Argentina's communications regulator ENACOM, followed a case initiated by the City of Buenos Aires Lottery (LOTBA) and supported by the casino industry group CASCBA. Prosecutors argued that Polymarket functions as an unlicensed betting platform, allowing users to stake money on real-world outcomes without adequate consumer safeguards, such as robust identity checks, making it accessible to minors. The probe gained traction after a Polymarket event related to Argentina's inflation figure moved significantly before the official data release. This action places Argentina among over 30 countries that already restrict or block Polymarket access.
(Source:CoinDesk)