Singapore blocks access to Polymarket over unlicensed gambling concerns 🇸🇬
Singapore has restricted access to Polymarket after concerns were raised under the Gambling Control Act 2022. This law prohibits any form of gambling or betting with operators who are not licensed by Singaporean authorities. Local users have reported that they can no longer use Polymarket, highlighting the strict regulatory environment in Singapore when it comes to gambling activities, especially those conducted online without proper licensing. This action underscores Singapore’s commitment to enforcing regulations aimed at curbing illegal gambling activities.
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