Ukraine has moved to restrict access to Polymarket, treating prediction markets as gambling activities under its regulatory framework. This regulatory stance reflects growing concerns among governments about how decentralized prediction platforms operate within their jurisdictions. The classification of prediction markets as gambling could set a precedent for other nations evaluating similar platforms, potentially reshaping how prediction market projects approach compliance in different regions. As crypto regulations continue to evolve globally, such policy decisions highlight the tension between innovation in decentralized finance and traditional regulatory oversight.
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Ukraine has moved to restrict access to Polymarket, treating prediction markets as gambling activities under its regulatory framework. This regulatory stance reflects growing concerns among governments about how decentralized prediction platforms operate within their jurisdictions. The classification of prediction markets as gambling could set a precedent for other nations evaluating similar platforms, potentially reshaping how prediction market projects approach compliance in different regions. As crypto regulations continue to evolve globally, such policy decisions highlight the tension between innovation in decentralized finance and traditional regulatory oversight.