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THby u/thomasandersson·1moQuestion

KYC on Polymarket and jurisdictional access

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?

2 comments · 4 points

2 Comments

RGu/rossi_greta·1mo

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.

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ANu/anjali29·1mo

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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