Key Points
- Buenos Aires court mandated complete restriction of Polymarket throughout Argentina.
- Telecommunications regulator ENACOM received orders from Judge Susana Parada to implement the ban.
- The platform faced charges of conducting betting operations without required governmental approval.
- Apple and Google received judicial instructions to delete the application from their Argentine marketplaces.
- The platform published Argentina’s inflation rate at 2.9% ahead of the government’s scheduled announcement.
Argentina implemented comprehensive restrictions against Polymarket following a judicial determination by a Buenos Aires court. Judge Susana Parada delivered her verdict on March 16, triggering immediate regulatory response. The decision mandates telecommunications companies and digital marketplaces to prevent Argentine users from accessing the service.
ENACOM, the country’s telecommunications oversight body, received responsibility for executing the directive through internet service providers and technology platforms. Users operating Android and iOS devices now face complete application unavailability. Government officials determined the platform conducted operations without obtaining necessary permissions under Argentine gaming regulations.
Legal Action Against Polymarket for Operating Without Proper Authorization
The judicial proceedings began following formal objections from LOTBA, Buenos Aires City’s lottery administration, alongside CASCBA, representing Argentina’s casino industry. Regulatory bodies contended that Polymarket performed as a wagering service lacking proper governmental licensing. Consequently, FEJA prosecutors launched formal proceedings under Judge Parada’s judicial authority.
Authorities documented that the platform permitted rapid account creation and facilitated transactions through cryptocurrency and traditional payment methods. Investigators highlighted the absence of identity confirmation protocols and age verification mechanisms. The court determined these operational characteristics created vulnerabilities for underage access and permitted uncontrolled wagering activities.
Judge Parada commanded ENACOM to execute immediate nationwide access prevention measures. The judicial order additionally required Apple and Google to eliminate the software from their Argentine distribution channels. Officials clarified the restriction encompasses users who previously installed the application.
Controversy Surrounding Early Inflation Data Publication
The judicial decision arrived amid scrutiny regarding Argentina’s February inflation statistics. Evidence indicated that Polymarket published the 2.9% inflation measurement moments ahead of INDEC’s official release schedule. This sequence generated concerns regarding potential confidential information access and improper data handling.
Analytical examination uncovered modest yet strategically timed transactions from user profiles typically engaging in minimal trading activity. Authorities indicated these behavioral patterns suggested possible insider knowledge. Clarín documented that government representatives and media professionals examined the suspicious trading sequences.
Regulatory officials stated the premature inflation disclosure intensified demands for intervention against cryptocurrency-based prediction platforms. They emphasized the platform’s operational framework permitted rapid transactions with limited regulatory supervision. ENACOM currently manages implementation coordination with telecommunications providers.
https://twitter.com/WuBlockchain/status/2033736615085195618?s=20
Argentina joined Colombia as the second nation in Latin America to establish comprehensive Polymarket restrictions. Colombian authorities previously implemented nationwide access prevention through Coljuegos in September 2025. Coljuegos determined the platform functioned without obtaining mandatory operational authorization.
Authorities verified that Polymarket currently encounters complete operational barriers across a minimum of 34 nations. Simultaneously, the U.S. Commodity Futures Trading Commission discontinued a 2024 proposed regulation focused on political forecasting platforms. The CFTC has yet to unveil additional enforcement initiatives concerning Polymarket.
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