Danish Tax Minister Ane Halsboe-Jørgensen has criticized Polymarket, a global cryptocurrency platform, for facilitating bets on war and political events. The minister is considering measures to restrict or shut down the platform's operations in Denmark. Polymarket users have placed significant wagers on sensitive topics, including a Ukrainian ceasefire and the possibility of Trump purchasing Greenland, with bets reaching 376 million and 33 million Danish kroner, respectively.
Halsboe-Jørgensen described the platform's activities as gambling on others' misfortunes and emphasized the need for regulatory action. Danish authorities are currently assessing whether Polymarket's operations violate local laws and if restrictions should be imposed. Additionally, users of the KuCoin platform are under scrutiny to ensure compliance with national regulations.
Danish Tax Minister Condemns Polymarket for War and Politics Betting
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