Thai Police Propose Blocking 'Polymarket'... "Similar to Online Gambling"

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YM Lee

Summary

  • Thai police have announced plans to block the cryptocurrency-based prediction platform Polymarket.
  • Polymarket is found to offer prediction betting in various categories such as sports, entertainment, and economics.
  • Thai police compared this to online gambling and emphasized the need to prevent user harm.

The Royal Thai Police are pushing to block the cryptocurrency-based prediction platform Polymarket.

According to a report by MGR on the 15th (local time), Thai police stated, "Currently, Polymarket, which offers prediction betting in various categories such as sports, entertainment, and economics, is operating in Thailand. It has characteristics of online gambling. We must prevent people from being harmed by this."

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YM Lee

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