Singapore has blocked access to Polymarket as part of its fight against unlicensed online betting. Offenders may be fined up to $10,000 or sentenced to 6 months in prison. The only legal online betting operator in the country remains Singapore Pools. This restriction is part of a large-scale campaign against illegal gambling, during which $37 million in transactions were blocked. Political betting on Polymarket is also restricted in other countries, including Taiwan, France, and the United States.
1/13/2025 11:47:59 AM (GMT+1)
Singapore has blocked access to Polymarket, urging users to take responsibility for participating in unlicensed online betting, with fines of up to $10,000 and prison terms of up to 6 months ⏳
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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