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Romania Bans Polymarket Over Election Bets

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Romania Bans Polymarket Over Election Bets | 3verseTV
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Romania’s National Office for Gambling (ONJN) has blacklisted Polymarket, calling it an unlicensed betting platform. Regulators cited more than $600 million in crypto wagers during national elections, saying its event contracts qualify as gambling under local law. ISPs have been ordered to block the site.

The move echoes past actions by the CFTC and other European regulators. Despite mounting bans, Polymarket is preparing a U.S. relaunch later this month through a compliant derivatives platform.

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Written by
Vishakha Thakur -

Vishakha Thakur is a news anchor at 3.0 TV with five years of experience in journalism, specializing in crypto and Web3 for over three years. She hosts popular weekly shows like AI Coins and ETF Watch Crypto Edition and has a deep understanding of the Web3 ecosystem, including Blockchain, Crypto ETFs, Metaverse, NFTs, Meme coins and Digital Assets. Vishakha has reported from major events including Crypto Expo Dubai and Money Expo Mumbai and has interviewed more than 50 industry leaders, such as Eric Balchunas and James Seyffart from Bloomberg, along with experts from CoinShares and Standard Chartered. Before 3.0 TV, she worked with TSR Digital TV in Himachal Pradesh and BalleBolly Magazine in Chandigarh, India’s first English print magazine for the Punjabi film and music industry, where she anchored interviews and wrote feature articles. Hailing from Himachal Pradesh, Vishakha is a gold medalist in Journalism and Mass Communication and is passionate about making complex digital finance topics clear and accessible through careful research and insightful reporting.

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