Latest news and stories about crypto in Portugal for expats and residents.
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“The site you are trying to access has been blocked as a result of compliance with a judicial or administrative order.” This is one of the messages now shown when attempting to access the Polymarket betting site, the platform that handled €90 million in bets on the presidential election. The site has already become inaccessible in Portugal.
The regulator says it only became aware of Polymarket 'very recently' and that it 'does not have any authorisation to make its services available' in Portugal. Bets on the presidential election reached €120 million.
'Polymarket' was considered illegal in the US when Joe Biden was involved, but was allowed again with Donald Trump. Bets are placed using a cryptocurrency. In the case of the Portuguese elections, the odds of victory have swung widely.
Home Crypto Cryptocurrency Market Volatility Intensifies, Stable Profit Models Emerge Cryptocurrency Market Volatility Intensifies, Stable Profit Models Emerge Recently, the cryptocurrency market has experienced significantly increased volatility.
