Authorities in Argentina have ordered a nationwide block on the prediction market platform Polymarket following a ruling by Buenos Aires Choose Susana Parada on March 16, reporting from Clarín signifies.
Argentina’s ENACOM, which oversees telecoms, broadcasting, web, radio, and postal companies, is tasked with implementing the nationwide measure via ISPs and app shops, stopping entry to the platform on each Android and iOS.
The choice follows Polymarket’s correct prediction of February inflation information forward of INDEC’s publication, which has drawn scrutiny from authorities and journalists.
Knowledge evaluation highlighted small however unusually timed wagers from accounts that usually commerce minimal quantities, elevating suspicions of insider exercise.
Based on Clarín, complaints from LOTBA (Buenos Aires Metropolis’s lottery authority) and CASCBA (the nationwide playing trade affiliation), supported by investigations by FEJA (the town’s playing prosecutor) and CIJ (the technical investigative department of the Public Prosecutor’s Workplace), discovered that the platform operated as an unauthorized on-line betting system.
The court docket highlighted that Polymarket allowed simple account creation, accepted crypto belongings and bank cards, and lacked age verification, rising dangers for minors.
Whereas some reward the transfer as defending customers, critics warn it could restrict entry to international prediction instruments, making Argentina the second Latin American nation to impose a full ban.
Colombia turned the primary nation in Latin America to ban Polymarket after its playing regulator, Coljuegos, declared the platform unlawful to function and not using a license in September 2025 and instructed ISPs to dam entry.
