Argentina Orders Nationwide Block of Polymarket Over Online Gambling Complaint

Argentina ordered a nationwide block of crypto-based prediction market Polymarket after a complaint by Buenos Aires gambling regulator LOTBA and a court order issued by Judge Susana Parada. Authorities instructed ENACOM and internet service providers to restrict access, while regulators cited concerns that the platform operated without local approval, exposed minors to gambling products, and drew scrutiny over suspicious activity in inflation-related prediction markets. The case centers on Polymarket’s legal status and consumer-protection safeguards in Argentina.

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