France May Ban Crypto Betting Platform Polymarket
France’s gambling regulator, the Autorité Nationale des Jeux (ANJ), is reportedly set to ban Polymarket, a crypto-based betting platform, from operating within the country.
According to a report by The Big Whale, the decision comes after the platform attracted attention when a French user placed large bets on the U.S. presidential election.
Polymarket, popular among crypto enthusiasts for its prediction markets, has allowed traders to wager millions on political and economic events, with total cumulative volume reaching $3.5 billion as of recent data from Dune Analytics.
The ANJ views Polymarket as an illegal betting platform under French law. While the regulator has not formally announced the ban, sources close to the ANJ confirmed…
