Singapore and Thailand Team Up to Crack Down on Controversial Crypto Betting Platform Polymarket

In a significant move against unregulated gambling, authorities in Singapore and Thailand have moved to block access to the cryptocurrency betting site Polymarket. This decision comes amid increasing concerns over the platform's operations, which allow users to place bets on a variety of events, including political outcomes and economic performance, using cryptocurrency.

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France Contemplates Taxation of Online Casinos: A Shift in Regulation

In a significant policy move, France is exploring the possibility of legalizing the taxation of online casinos. This initiative, as highlighted by Minister of Finance Gabriel Armand, marks a potential turning point in the country's approach to digital gambling platforms. The discussions come amidst a broader examination of the regulatory framework governing online gaming and taxation in France.

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