Crypto Prediction Platform Polymarket Blocked In Argentina For Facilitating Unauthorized Betting: Report

An Argentinian court has ordered a nationwide block of the betting platform Polymarket, instructing Alphabet Inc. and Apple Inc. to remove access to its mobile applications in the country. The court's decision followed an investigation revealing that Polymarket operated without necessary licenses and allowed users to set up accounts without identity verification. This marks the latest regulatory challenge for Polymarket, which has faced restrictions in over 30 countries, including previous bans in Portugal and Hungary.