Friday, 23 October, 2026
Betting on the Future Hits a Wall: India Bans Polymarket
By TechShots Studio
India has blocked Polymarket, a decentralized crypto-based prediction platform that allows users to trade real-money contracts on real-world events. Regulators banned the site under strict online gaming laws and financial regulations because it operated without local licenses, valid anti-money laundering (AML) controls, or required user verification (KYC), making it illegal gambling under Indian law.
Read full story at LIVEMINT