{"id":66230,"date":"2026-01-13T14:38:13","date_gmt":"2026-01-13T14:38:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ukraine-blocks-polymarket-over-unlicensed-gambling\/"},"modified":"2026-01-13T14:38:13","modified_gmt":"2026-01-13T14:38:13","slug":"ukraine-blocks-polymarket-over-unlicensed-gambling","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ukraine-blocks-polymarket-over-unlicensed-gambling\/","title":{"rendered":"Ukraine blocks Polymarket over unlicensed gambling"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/Ukraine-blocks-Polymarket-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/Ukraine-blocks-Polymarket-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/Ukraine-blocks-Polymarket-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/Ukraine-blocks-Polymarket-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ukraine blocks Polymarket for operating without a gambling license.<\/li>\n<li>Polymarket is a decentralised prediction market where users bet on real-world events.<\/li>\n<li>ISPs in Ukraine have been instructed to restrict access to Polymarket\u2019s domain.<\/li>\n<\/ul>\n<p>Ukraine has blocked access to the popular prediction market platform Polymarket.<\/p>\n<p>The action was taken because authorities classify the platform as engaging in unlicensed gambling.<\/p>\n<p>Internet service providers in Ukraine have been instructed to restrict access to Polymarket\u2019s domain.<\/p>\n<p>This decision is part of a broader effort to regulate online gambling and protect consumers.<\/p>\n<h2>Regulatory action and legal basis<\/h2>\n<p>The <a href=\"https:\/\/nkek.gov.ua\/npas\/695-10-12-2025\">official block is based on Resolution No. 695<\/a>, issued by the National Commission for the Regulation of Electronic Communications (\u041d\u041a\u0415\u041a) on December 10, 2025.<\/p>\n<p>The resolution implements a prior decision by the State Agency PlayCity, which identified unlicensed gambling platforms.<\/p>\n<p>Under Ukrainian law, any website facilitating gambling without a license must be restricted.<\/p>\n<p>Internet providers are legally required to comply with the block and prevent access for users.<\/p>\n<p>The resolution also mandates oversight to ensure compliance, including inspections and reporting by authorities.<\/p>\n<p>Polymarket\u2019s domain has been added to the public registry of blocked resources in Ukraine.<\/p>\n<p>Authorities warned that noncompliance by providers could result in legal consequences.<\/p>\n<p>This move reflects Ukraine\u2019s ongoing crackdown on unlicensed online gambling platforms.<\/p>\n<p>Hundreds of sites have been blocked alongside Polymarket under similar regulations.<\/p>\n<h2>Polymarket\u2019s operations and why Ukraine blocked it<\/h2>\n<p>Polymarket is a decentralised prediction market where users bet on real-world events.<\/p>\n<p>Participants buy and sell \u201cshares\u201d that represent outcomes, with payoffs depending on the actual results.<\/p>\n<p>For example, a market might predict whether a city will be occupied by the end of the year.<\/p>\n<p>Users place bets using USDC, a stablecoin, on the Polygon blockchain.<\/p>\n<p>Transactions and results are recorded publicly, ensuring transparency through blockchain technology.<\/p>\n<p>Polymarket is valued at approximately $8 billion and was founded in 2020 by Shayne Coplan.<\/p>\n<p>The platform has seen significant activity, with Ukraine-related markets exceeding $100 million in bets by the end of 2025.<\/p>\n<p>Authorities expressed concern over war-related betting markets, citing legal and reputational risks.<\/p>\n<p>Prediction markets like Polymarket are considered gambling under Ukrainian law, despite their decentralised and blockchain-based operations.<\/p>\n<p>This legal interpretation has led to similar restrictions in other countries, including Romania, France, Belgium, and Thailand.<\/p>\n<h2>Push to regulate crypto-based platforms<\/h2>\n<p>Ukraine\u2019s action against Polymarket underscores the increasing scrutiny of crypto-based platforms.<\/p>\n<p>Authorities are determined to enforce licensing requirements and prevent unregulated gambling.<\/p>\n<p>While Polymarket continues to operate in other jurisdictions, its access in Ukraine is now fully restricted.<\/p>\n<p>The move is part of a broader trend of regulatory oversight for online betting and <a href=\"https:\/\/coinjournal.net\/compare\/best-cryptocurrency-exchanges\/\">crypto platforms<\/a> worldwide.<\/p>\n<p>Users in Ukraine must now seek licensed alternatives or risk accessing illegal platforms.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/ukraine-blocks-polymarket-over-unlicensed-gambling\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ukraine blocks Polymarket for operating without a gambling license. Polymarket is a decentralised prediction market where users bet on real-world events. ISPs in Ukraine have been instructed to restrict access to Polymarket\u2019s domain. Ukraine has blocked access to the popular prediction [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":66231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66230"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66230"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66231"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}