Polymarket Banned in Romania
Romania's National Office for Gambling (ONJN) has blacklisted Polymarket, a blockchain-based prediction market, for operating unlicensed crypto gambling.
The decision was made on October 29, 2025, after an unprecedented spike in crypto wagering linked to the country's recent presidential and local elections.
- Polymarket recorded trading volumes exceeding $600 million during the election period.
- Approximately $15 million was tied to bets on the Bucharest mayoral race.
Polymarket's operations constitute unlicensed gambling rather than legitimate event trading.
Author's summary: Polymarket banned in Romania for unlicensed crypto gambling.