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#geoblocking News & Analysis

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DeFiBearishcrypto.news · 8h ago7/10
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Polymarket moves toward trader KYC as sanctions and legal risks intensify

Polymarket, a major prediction market platform, is implementing stricter Know Your Customer (KYC) requirements for traders amid intensifying regulatory scrutiny over sanctions compliance, geoblocking failures, and jurisdictional violations. The move reflects growing pressure from regulators concerned about the platform's exposure to sanctioned entities and users in restricted jurisdictions.

Polymarket moves toward trader KYC as sanctions and legal risks intensify