Literally all investments are gambling in some sense and investors just have to make sure they are actually AWARE of the risk.
coinfeeds-bot on
tldr; Romania’s National Office for Gambling (ONJN) has blacklisted Polymarket, a leading prediction market platform, for operating gambling activities without a license. ONJN stated that Polymarket’s activities qualify as ‚counterparty betting,‘ which requires licensing under Romanian law. The regulator expressed concerns over increased prediction market activity during local elections, including significant betting volumes. Polymarket has faced similar scrutiny in other countries, including France and the U.S.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
GEB82 on
They want a slice of the pie…Romania is a shit hole.
OpenRole on
How do you blacklist a DeFi project like Polymarket?
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I mean… they are not too wrong.
Literally all investments are gambling in some sense and investors just have to make sure they are actually AWARE of the risk.
tldr; Romania’s National Office for Gambling (ONJN) has blacklisted Polymarket, a leading prediction market platform, for operating gambling activities without a license. ONJN stated that Polymarket’s activities qualify as ‚counterparty betting,‘ which requires licensing under Romanian law. The regulator expressed concerns over increased prediction market activity during local elections, including significant betting volumes. Polymarket has faced similar scrutiny in other countries, including France and the U.S.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
They want a slice of the pie…Romania is a shit hole.
How do you blacklist a DeFi project like Polymarket?