Singapore Blocks Access to Polymarket, Classifying It as an 'Illegal Gambling Site'

It has been reported that the decentralized prediction platform Polymarket is inaccessible in Singapore.

According to Cointelegraph on the 12th (local time), Singapore has blocked access to Polymarket as part of a crackdown on unauthorized gambling websites. Subsequently, many Singaporean users have reported being unable to access Polymarket.

Due to this decision, Polymarket is defined as an illegal gambling website in Singapore, and users attempting to access the site will see a warning that they are visiting an unauthorized illegal site.