According to Romanian regulators, Polymarket's operational structure qualifies as counterparty betting, despite its branding as an event trading platform.
Romania's regulators have banned Polymarket, stating that the platform's structure constitutes counterparty betting rather than legitimate trading, despite its claims of being an event trading platform. This aligns with prior crackdowns in the United States, France, Belgium, Poland, Singapore, and Thailand over alleged unlicensed gambling operations.