Feed / Enforcement & compliance
South Korean regulators ban Polymarket over gambling law breaches
By The Weekly Edge desk ·
Summary
South Korean regulators have barred Polymarket after the Korea Communications Standards Commission found it breached national gambling law, CasinoBeats reported, citing News1. Industry sources warned that the decision could end the country's domestic prediction market sector.
Why it matters
South Korea’s Polymarket ban could end the domestic prediction market sector, industry sources warned.