- Ukraine ordered internet providers to block Polymarket.
- Authorities ruled that Polymarket operates as unlicensed gambling.
- Reports say Polymarket used DeepState OSINT data without approval.
Ukraine has officially limited access to the Polymarket website. The National Commission for State Regulation in the Field of Electronic Communications (NCEC) issued the order under Resolution No. 695.
The regulator said the platform does not hold a license required for activities classified as gambling. The polymarket.com domain has been added to the public register of banned internet resources. According to a report, internet service providers are now required to restrict access to the site.
How The Decision Moved Through The State
The action followed a two-step process. On November 27, PlayCity, the state body that oversees gambling and betting markets, reviewed the platform and marked it as non‑compliant with Ukrainian law.
That assessment was sent to the national communications regulator. On December 10, the commission approved the restriction and ordered providers to enforce it nationwide.
Also, the block is not fully consistent across the country. Some users in Ukraine report that the site no longer opens. Others can still reach it without limits, depending on their provider.
The regulator has not given a timeline for full enforcement.
In 2025, the platform became a target of criticism in Ukrainian media for hosting bets tied to the Russian‑Ukrainian war. These markets focused on the timing of city occupation in Donbas.
By December 24, around 240 Ukraine‑related bets had already closed with a total volume above $270M. Furthermore, another 120 active markets exceeded $140M.
Ukrainian outlets also reported that data from the DeepState OSINT project was used through an API connection without approval to support some of these markets.
Platform Scale and Global Pressure
Polymarket uses a peer‑to‑peer structure. Users trade contracts with each other, and prices move based on demand for “yes” or “no” outcomes.
In 2025, the platform’s valuation was estimated at $9 billion, and founder Shane Coplan entered billionaire status at a young age.
The platform gained global attention in 2024 after traders correctly priced a clear Donald Trump victory in the US election well before official results.
Regulatory pressure is not limited to Ukraine. Romania has also ordered local providers to block access. At the same time, the platform has returned to the US market under CFTC oversight after receiving clearance tied to event contracts.
Related: Taxing Times in Ukraine: Crypto Cash-Outs Face 23%, Trading Exempt
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/ukraine-officially-blocks-access-to-polymarket-platform/
