• Ukraine blocks polymarkets working with out playing licenses.
• Polymarket is a decentralized prediction market the place customers guess on real-world occasions.
• Ukrainian ISPs had been instructed to limit entry to Polymarket’s domains.

Ukraine has blocked entry to the favored prediction market platform Polymarket.

This motion was taken after authorities categorised the platform as concerned in unlicensed playing.

Web service suppliers in Ukraine had been instructed to limit entry to Polymarket’s domains.

This determination is a part of a broader effort to manage on-line playing and shield customers.

Regulatory measures and authorized foundation

The official block relies on Decision No. 695 issued by the State Digital Communications Regulatory Fee (НКЕК) on December 10, 2025.

The decision implements an earlier determination by PlayCity, a state company that recognized unlicensed playing platforms.

Below Ukrainian legislation, web sites that promote playing with out a license should be restricted.

Web suppliers are legally required to adjust to the block and stop customers from accessing it.

The decision additionally requires oversight to make sure compliance, together with inspections and reporting by authorities.

Polymarket’s area has been added to the general public registry of blocked assets in Ukraine.

The authorities warned that violations by suppliers may result in authorized penalties.

The transfer displays Ukraine’s continued crackdown on unlicensed on-line playing platforms.

Just like Polymarket, tons of of websites are blocked underneath related rules.

How the Polymarket operates and why Ukraine stopped it

Polymarket is a decentralized prediction market the place customers guess on real-world occasions.

Members purchase and promote “shares” that characterize their outcomes, and obtain rewards primarily based on their precise outcomes.

For instance, a market could predict whether or not a metropolis shall be occupied by the tip of the 12 months.

Customers place bets utilizing USDC, a stablecoin on the Polygon blockchain.

Transactions and outcomes are publicly recorded and clear by blockchain expertise.

Polymarket is valued at roughly $8 billion and was based in 2020 by Shayne Coplan.

The platform is seeing vital exercise, with stakes exceeding $100 million in Ukraine-related markets by the tip of 2025.

Authorities have expressed concern concerning the war-related playing market, citing authorized and reputational dangers.

Prediction markets like Polymarket are thought of playing underneath Ukrainian legislation, regardless of being decentralized and blockchain-based in operation.

This authorized interpretation has led to related restrictions in different international locations, together with Romania, France, Belgium, and Thailand.

Promote regulation of crypto-based platforms

Ukraine’s actions towards Polymarket spotlight elevated scrutiny of crypto-based platforms.

Authorities are decided to implement licensing necessities and stop unregulated playing.

Whereas Polymarket continues to function in different jurisdictions, entry in Ukraine is presently utterly restricted.

The transfer is a part of a broader pattern of regulatory scrutiny of on-line playing and cryptocurrency platforms world wide.

Customers in Ukraine will now must search for licensed alternate options or danger accessing unlawful platforms.