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Polymarket Banned in Singapore in Illegal Online Gambling Crackdown

  • Singapore has blocked access to the blockchain-based prediction market, Polymarket, saying the site is an unlicensed online gambling website.
  • Similar bans have been imposed in the United States, France, Taiwan, and other jurisdictions.
  • The ban is part of a wider crackdown on illegal online gambling platforms by the Singaporean government.
  • Singapore remains a global leader in blockchain adoption despite the ban on Polymarket.

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