Polymarket hit by fresh Europe crackdowns as Hungary, Portugal block access

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Polymarket, a prediction market platform, has faced further regulatory challenges in Europe as Hungary and Portugal block access, raising concerns about the classification of crypto prediction markets as finance or gambling.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The moves highlight the growing uncertainty over whether crypto prediction markets are treated as finance or gambling.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 20, 2026.
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