Svmuu News: On July 13, the Czech Ministry of Finance added Polymarket to its list of unauthorized online gaming platforms, designating it as an unlicensed gambling platform. Internet service providers are required to block access to the platform within 15 days. The Czech Gambling Regulatory Institute stated that Polymarket settles transactions using the USDC stablecoin and operates as a decentralized exchange, providing services without going through licensed local operators. The Institute noted that several EU countries have recently restricted or blocked Polymarket; Italy has re-added it to its block list, and the Netherlands has rejected the platform’s appeal. The European Securities and Markets Authority (ESMA) issued a separate warning this month that event contracts meeting the definition of financial instruments are prohibited from being sold to retail investors under existing binary options regulations. Gibraltar launched a dedicated regulatory framework for prediction markets this week, and Ma Li stated that he is exploring a similar system. (Bitcoin.com News).