<ul><li>Polymarket, a leading blockchain-based prediction market, has restricted access to French users amid a government investigation into its compliance with national gambling laws.</li><li>The move comes amid heightened scrutiny from France’s national gaming authority, the ANJ, and its investigation began after a French trader placed significant bets on President Donald Trump winning the 2024 US presidential election.</li><li>The block on French users raises questions about Polymarket's legal standing in jurisdictions with stringent gambling regulations.</li><li>The platform's decision to block users may be seen as a step toward compliance, but the effectiveness of such measures is debatable, given the ease of bypassing restrictions through VPNs.</li></ul>

Polymarket blocks French users amid regulatory probe

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