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Argentina orders complete ban on prediction market Polymarket

Argentina orders complete ban on prediction market Polymarket

2026-03-17 11:01

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ChainThink report, March 17: According to CriptoNoticias, on March 16, 2026, a court in Buenos Aires, Argentina, issued a full blockade of the prediction market platform Polymarket, to be enforced by the national communications regulatory body ENACOM, and required Google and Apple to remove its applications from local app stores.


The blockade stems from a complaint filed by the Buenos Aires Lottery Board (LOTBA), which led authorities to classify Polymarket as operating an unlicensed online gambling service under the guise of a prediction market, with no identity or age verification requirements, posing significant user risks. Argentina thus becomes the second country in Latin America, after Colombia, to impose comprehensive restrictions on the platform.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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