PANews
PANews|1月 25, 2026 00:18
[Ukrainian Official: Prediction Markets Not Recognized by Law, Polymarket Has No Legal Path to Resume Operations] According to a report by CoinDesk, a senior official involved in shaping Ukraine's digital economy policy stated that Ukraine currently lacks a legal framework for Web3 prediction markets, and existing laws do not recognize such platforms. A few days after Ukraine blocked Polymarket and nearly 200 gambling-related websites, Dmitry Nikolaievsky, Chief Legal Officer of the Digital Economy Development Project Office at Ukraine's Ministry of Digital Transformation, revealed that while the decision to block Polymarket followed existing legal procedures, the fundamental issue lies in the country's legal framework, which does not recognize prediction markets. Furthermore, legal reforms are unlikely in the short term, as the chances of parliament amending the definition of gambling during wartime are extremely low, leaving prediction markets in a legal deadlock.
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