Polymarket Blocked in Ukraine for Operating Without License
- The National Commission for the Regulation of Electronic Communications (NKREK) has blocked access to Polymarket.
- Polymarket was operating without a required gambling license, violating Ukrainian law.
- Despite the ban, some members of Incrypted’s editorial team still have access to the platform.
- This action is part of Ukraine’s broader efforts to regulate unlicensed online gambling platforms.
Polymarket’s inclusion in the blacklist signifies a strict enforcement of laws against unauthorized gambling services in Ukraine. The platform allowed users to speculate on global events using cryptocurrency, which is now deemed illegal without proper licensing.
The ban on Polymarket reflects Ukraine’s commitment to regulating online gambling, emphasizing that operating without a license will not be tolerated. (Source)
