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France's gambling regulator ordered internet service providers to block access to Polymarket, ruling the crypto-based prediction platform offers illegal betting services with risks of significant user losses and manipulable markets. Following similar moves in Spain and the US, the action deepens the regulatory overhang on the global prediction-market sector just as institutional backers like ICE have been positioning it as a new asset class, and it pressures on-chain volume routed through Polygon and USDC settlement rails. Watch whether other EU regulators follow with coordinated blocks, which would raise compliance costs and slow prediction markets' institutional adoption path.
As a Policy signal, watch whether it changes price action, volatility, or flows around POL, ICE.
Original Source: 블록미디어
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