Czech Authorities Ban Polymarket for Illegal Gambling, Order Internet Providers 15-Day Blockade

According to Bitcoin.com, Czech authorities banned Polymarket on July 13, listing it as unauthorized internet gaming and ordering internet service providers 15 days to block the platform, making the Czech Republic the latest European nation to restrict access to the prediction market.

The Czech Financial Authority stated that legal gambling operations maintain oversight of operators, participants, and player protections, while prediction markets lack comparable regulation. Officials characterized the platform as "unregulated gambling" rather than risk-free innovation, citing incentives tied to contract settlement on real-world outcomes.