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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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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.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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