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Argentina Orders Nationwide Block of Polymarket, Report Says

The reported move adds to rising scrutiny of prediction markets, a sector that lets users trade on the outcomes of future events.

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Terms & Concepts
  • Prediction market: A market where users buy and sell positions tied to the outcome of future events, often using probabilities implied by prices.
  • Polymarket: A crypto-based prediction market platform where users trade on real-world event outcomes.