The Czech Ministry of Finance has classified Polymarket as an unlicensed gambling platform, adding it to the list of unauthorized internet games on July 13. Internet service providers in the Czech Republic are required to block access to Polymarket within 15 days. Authorities argue that Polymarket, which operates using USDC and lacks local licensing, poses gambling and insider trading risks. This move aligns with actions taken by other EU countries, such as Italy and the Netherlands, which have also restricted or blocked Polymarket. In contrast, Gibraltar has introduced the world's first regulatory framework for prediction markets, and Malta is considering similar regulations, indicating a varied regulatory approach to prediction markets across Europe.