VERSE PRESS

Crypto News, Global First.

France Orders ISPs to Block Polymarket, Platform Vows Legal Fight

France's gambling regulator escalated its crackdown on the prediction market platform just days before the FIFA World Cup final, ordering a full internet block and citing unlicensed gambling activity.

|

France's Autorité Nationale des Jeux (ANJ) instructed the country's internet service providers to block all access to Polymarket on July 16, 2026, three days before the FIFA World Cup final at MetLife Stadium. The move widened an existing trading ban that had been in place since November 2024, which itself originated from a controversy involving a French trader known as Fredi9999 whose large positions on political markets first drew the ANJ's scrutiny. The block drew an immediate rebuke from the platform, which says it plans to challenge the order through France's legal process.

Polymarket, a decentralized prediction market built on the Polygon blockchain, allows users to buy and sell contracts tied to the outcome of real-world events using the stablecoin USDC. The company frames its product as a financial derivatives platform rather than a gambling service. The ANJ disagrees, and the July 16 block brings that disagreement into open legal conflict.

What Triggered the Escalation

The ANJ's decision to move beyond a trading ban to a full site block rested on several grounds. First, the regulator said that displaying live probability odds on Polymarket's homepage constituted advertising for an unlicensed gambling operator, even when French users could not place trades. Second, the ANJ flagged the platform's lack of know-your-customer (KYC) verification, no self-exclusion tools, no stake limits, and what it described as addictive design features that mirror regulated gambling without the consumer protections French law requires.

A separate criminal dimension added urgency. Paris's cybercrime unit, the Parquet de Paris, opened an investigation on May 4, 2026, after Météo-France filed a complaint about a manipulated temperature sensor it linked to weather-based prediction markets on the platform.

The timing around the World Cup was not incidental. Polymarket's FIFA World Cup 2026 Winner market accumulated $4.25 billion in total trading volume by July 15, surpassing even the platform's landmark 2024 U.S. presidential election market. Monthly platform volume peaked at $10.8 billion in June 2026. Polymarket had become a go-to odds source for mainstream media worldwide, including in France, giving the platform unusual public visibility at precisely the moment the regulator acted.

Polymarket's Response

The company said in a public statement that it was "disappointed by the French gaming authority's sudden decision to unilaterally block our website." It also noted that prior conversations with French officials had been "constructive and encouraging," making the block a surprise. Polymarket argued that most visitors come to the platform to read probability data, not to trade, and that blocking information access harms ordinary users. "Prediction markets help source truth and are an important innovation in the digital finance space," the company said.

Despite the 2024 trading ban, French users continued to visit the platform in large numbers, many of them through VPNs. The ANJ cited that data in its regulatory findings: 578,751 total visits from 205,057 unique French users in June 2026 alone. Promoting an unlicensed gambling service in France can carry fines of up to 100,000 euros (roughly $114,380).

A Global Pattern, With Regional Implications

France is not acting in isolation. Polymarket is now restricted or fully blocked in more than 30 countries, including Belgium, Switzerland, Spain, Portugal, Poland, Romania, and Hungary. The platform remains accessible in more than 150 countries.

Notably, France's action targeted Polymarket but did not extend to rival prediction market platform Kalshi, according to SGI Europe. That selective enforcement is likely to feature in Polymarket's legal challenge and raises questions about the consistency of the ANJ's regulatory approach.

For users and developers in Africa and South Asia, the French case carries a specific warning. Across Sub-Saharan Africa, including Nigeria, Kenya, South Africa, and Ghana, no regulation currently targets prediction markets directly. Polymarket remains accessible without active enforcement. That legal gray zone could narrow. Nigeria's Securities and Exchange Commission has been revising its digital asset framework, and South Africa's Financial Sector Conduct Authority has already classified crypto assets as financial products. The French precedent shows that even a read-only version of a platform can be enough to trigger regulatory action.

India presents a more immediate parallel. The country's Ministry of Electronics and Information Technology classified prediction markets as prohibited online money gaming under the Promotion and Regulation of Online Gaming Act 2025, which came into force on May 1, 2026. Polymarket has not blocked Indian IP addresses, and the user base there remains active. That situation closely mirrors the conditions in France before the ANJ escalated from a trading ban to a full ISP block.

What Comes Next

The core legal question Polymarket will carry into France's legal process is whether displaying public probability data constitutes gambling under French law. The answer will matter well beyond France. Across Europe, the same product can theoretically fall under gambling regulation, the EU's MiFID II financial instruments rules, or the newer Markets in Crypto-Assets (MiCA) framework, and no binding supranational standard has resolved the overlap. None of the major prediction market operators currently hold a MiCA Crypto-Asset Services Provider licence. The Verse Press research desk identifies that licence as the baseline requirement for any platform seeking a sustainable foothold in European markets, though no operator has yet tested that proposition before a regulator.

Polymarket's YTD trading volume reached $33.5 billion as of July 10, 2026. The financial stakes of getting the legal classification right are substantial, for the platform and for the broader prediction market sector watching the case unfold.