Polymarket will gradually require traders to complete KYC to address increasing sanctions and legal risk pressures

Deep Tide TechFlow News, May 27th, according to The Information, predicts that the market Polymarket is facing increasing regulatory and sanction compliance pressures. It is reported that the platform is promoting identity verification (KYC) for traders to reduce potential legal and compliance risks.

Although Polymarket's betting platform rules in some regions do not permit such activities, some users still participate in market trading through automated trading bots and other methods, forming gray usage pathways in regions like Russia. Some developers even organize trading traffic using tools like Telegram to expand the user base. As the platform grows and regulatory attention increases, Polymarket is forced to seek a balance between decentralized prediction markets and compliance requirements to address potential sanctions and legal risks.