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Polymarket to Contest French Regulatory Ban via Legal Proceedings
The decentralized prediction platform Polymarket has announced its intention to initiate legal proceedings against the French National Betting Authority (ANJ). This decision follows a recent directive from the regulator…
South Korea Probes Polymarket Over Potential Illegal Gambling Violations
The South Korea Communication Standards Commission (KCSC) has officially initiated a regulatory review of Polymarket, a prominent global decentralized prediction market. According to reports from Bloomingbit on May 22, …
Washington State Sues Kalshi Over Alleged Illegal Gambling Activities
The legal landscape for decentralized and centralized prediction markets has become increasingly complex as Washington State filed a lawsuit against Kalshi. State regulators allege that the platform is offering gambling…
Arizona Files Criminal Charges Against Kalshi Over Election Bets
Arizona Attorney General Kris Mayes has initiated legal action against prediction market operator KalshiEx LLC and its affiliate Kalshi Trading LLC, filing 20 criminal counts against the entities. The state alleges that…
Argentina Issues Nationwide Ban on Prediction Platform Polymarket
Argentine authorities have implemented a comprehensive nationwide block on the decentralized prediction market platform Polymarket, citing violations of local gambling regulations. Following a judicial order from a Buen…