Argentina Blocks Polymarket Prediction Platform
Analysis based on 14 articles · First reported Mar 16, 2026 · Last updated Mar 18, 2026
The regulatory action by Argentina against Polymarket signals a growing global trend of stricter oversight for prediction markets, potentially impacting other platforms operating in similar grey areas. This could lead to increased compliance costs and reduced market access for such services, especially those dealing with cryptocurrencies and lacking robust identity checks.
Argentina has ordered a nationwide restriction on the prediction market platform Polymarket, citing its operation as an unauthorized betting service without proper licensing or identity checks. A Buenos Aires court, following an investigation by Prosecutor Juan Rozas and a complaint from the Argentina===Lotería de la Ciudad de Buenos Aires, instructed Google and Apple Inc. to remove or limit access to Polymarket's mobile application. The telecom regulator, Argentina===Ente Nacional de Comunicaciones, is tasked with ensuring internet service providers block access to the website. The probe found that Polymarket allowed users to trade on real-world event outcomes using cryptocurrencies and credit cards without adhering to gambling regulations, including age and identity verification. This action is part of a broader global trend of regulatory crackdowns on prediction market services, with other countries like Ukraine also imposing blocks.
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