Polymarket Banned By Romanian Regulator for Illegal Crypto Betting Following $600 Million Election Wagers
Nov 3, 2025 - 14:00
Romania’s gambling regulator has blacklisted Polymarket after nearly $600 million (roughly ₹53,200 crore) in crypto wagers were placed during national elections. Officials said the platform operated as unlicensed gambling. The action mirrors global moves by the US, France, and others to curb crypto-based betting platforms.