South Korea Restricts Polymarket Access Amid Gambling Review
South Korean regulators have ordered internet access to prediction market platform Polymarket to be blocked within the country, concluding that the service creates an environment that falls within domestic prohibitions on gambling-related activities. The decision places South Korea among a growing list of jurisdictions that have taken action against the platform over concerns about gambling laws and consumer protection. The Korea Media and Communications Standards Commission (KMCSC) approved the measure following a review of the platform’s operations, according to CoinDesk. […] The post South Korea Restricts Polymarket Access Amid Gambling Review appeared first on World Casino News.
South Korean regulators have ordered internet access to prediction market platform Polymarket to be blocked within the country, concluding that the service creates an environment that falls within domestic prohibitions on gambling-related activities. The decision places South Korea among a growing list of jurisdictions that have taken action against the platform over concerns about gambling laws and consumer protection. The Korea Media and Communications Standards Commission (KMCSC) approved the measure following a review of the platform’s operations, according to CoinDesk. […]
The post South Korea Restricts Polymarket Access Amid Gambling Review appeared first on World Casino News.
