KYC on Polymarket and jurisdictional access

asked by u/thomasandersson · 7d · 2 answers

Curious how Polymarket navigates different KYC requirements across jurisdictions, especially given the nature of betting markets. It feels like a complex spiderweb, trying to balance accessibility with regulatory compliance. Are they applying a blanket standard, or is it geo-specific?

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  • u/rossi_greta· 1 pts· 7d

    My understanding is they've generally opted for a stricter, more centralized KYC approach to avoid jurisdictional headaches, which then impacts accessibility. It's a trade-off they seemingly made to stay afloat.

  • u/anjali29· 1 pts· 6d

    It's likely a geo-specific approach, as a blanket standard would either over-regulate some regions or leave others exposed. However, maintaining that for a global platform must be a constant headache.

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