Reuters reported that Polymarket said in a statement that it plans to challenge the decision by France’s national gambling regulator (ANJ) to unilaterally block its website last week through legal procedures in France. The ANJ previously imposed the ban on the grounds that the platform could lead to significant gambling losses for users and that some bets carried a risk of being manipulated. In recent times, global regulators have been tightening their scrutiny of prediction markets. Earlier, the Spanish government temporarily banned Polymarket and Kalshi from operating locally in May, and in June, the US derivatives regulator also released new proposed regulations for the prediction market industry.