深潮TechFlow|5月 22, 2026 00:52
[South Korea Launches Investigation into Prediction Market Platform Polymarket for Illegal Gambling]
According to Deep Tide TechFlow on May 22, as reported by Bloomingbit, the Korea Communications Standards Commission has officially initiated an investigation into the global prediction market platform Polymarket to assess whether it constitutes illegal gambling under domestic law. Commission officials stated that they have recently received related complaints and are currently referencing overseas regulatory cases for evaluation. Since Polymarket offers Korean language services and targets Korean users, it may still fall under South Korean regulatory jurisdiction even if its servers are located overseas. Legal experts pointed out that if the investigation concludes that it is in violation, Polymarket may face the risk of being blocked in South Korea or even forced to exit the market. Currently, countries such as France, Germany, and Italy have already classified Polymarket as an illegal gambling website and blocked access.
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