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Polymarket Faces Ban in Thailand After Crackdown By Singapore

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Thailand plans to ban Polymarket , citing concerns over illegal online gambling and cryptocurrency misuse.

Polymarket is a decentralized prediction market platform that allows users to place bets on almost any global occurrence.

Authorities in the U.S. , France , and Taiwan have deemed the platform illegal and banned its use.

Singapore banned access to Polymarket on January 12 as part of a crackdown on unlicensed online gambling.