The Singapore government has decided to block access to the Polymarket decentralized prediction platform. The restriction is related to the Gambling Control Act of 2022, which prohibits citizens from betting through unlicensed services.

Singapore users, trying to access Polymarket, are faced with a blocking notification. Government officials emphasize that the measures are aimed at protecting citizens from uncontrolled gambling.

On the platform, it is allowed to place bets on the outcome of various events using cryptocurrency.