France considers ban on crypto betting platform Polymarket

France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation.

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France’s gambling regulator is considering banning the cryptocurrency prediction platform Polymarket, which has made headlines on user demand around the 2024 presidential election in the United States.

The National Gaming Authority of France, the Autorité nationale des jeux (ANJ), is investigating Polymarket’s operation and compliance with French gambling laws, Bloomberg reported on Nov. 7.

“We are familiar with this site and are currently examining its operation and its compliance with French legislation on gambling,” a spokesperson for the ANJ confirmed to Cointelegraph.

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