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Portugal Orders Polymarket to Shut Down in 48 Hours
Portugal's regulator demands #Polymarket cease operations after $130M+ was wagered on their presidential election.
Political betting is illegal under Portuguese law.
Despite the deadline passing, site remains active. ISP blocks expected next.
Portugal joins UK, France, Germany & Ukraine in cracking down on the prediction market.
Polymarket's decentralized structure makes enforcement tricky, users will likely just use VPNs.