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Wu Blockchain (@WuBlockchain): South Korea Blocks Polymarket Over Gambling Concerns

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South Korea Blocks Polymarket Over Gambling Concerns South Korea’s media regulator voted on Aug. 18 to block access to Polymarket, saying its winner-take-all markets on events including politics, elections, sports and weather encourage gambling. Polymarket argued that its non-custodial peer-to-peer structure and smart contracts mean it does not directly control user funds.

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