Are Polymarket legal?
The legality of Polymarket depends on where you are located. In the United States: Legal after December 2025 following CFTC clearance and acquisition of QCEX (a licensed derivatives exchange).
Previously blocked from US users from 2022-2025 due to regulatory issues. ) have filed lawsuits claiming it operates as illegal gambling. Internationally: Banned in 33 countries including France, Germany, UK, Australia, Canada (Ontario), Italy, Poland, Russia, Singapore, and others.
Legal in many other countries. The platform uses geo-blocking to enforce restrictions and prohibits VPN usage. Legal concerns include: Insider trading (documented cases with military operations), war betting ethics, state-level gambling laws, and regulatory compliance.
Users should check their local laws before using Polymarket.