Clouds are gathering around prediction markets worldwide. We explain what measures Polymarket has decided to take.
The largest prediction market platform, Polymarket, is significantly tightening its user verification policies and crackdown on restriction evasion. The company is actively implementing KYC and warning that VPN use could now lead to account suspension and fund freezes.
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What Is Changing for Traders?
According to The Information, Polymarket has begun offering voluntary identity verification. For users with high trading volumes and large positions, particularly those in the seven-figure range, verification is becoming effectively mandatory.
- Regular users can continue trading via a USDC▼$0.9997 wallet on Polygon without documents.
- Active traders are subject to automated filters and must verify their identity.
- VPN users risk temporary or permanent account suspension.
The platform has significantly improved its system for detecting geo-blocking evasion attempts. If suspicious activity is detected, such as rapid deposits/withdrawals or VPN use, funds may be frozen.
Read more: Best Prediction Markets 2026 — Regulated Access, Crypto Liquidity and Risk Filters
Regulatory Pressure Is Growing
Polymarket is being forced to tighten its rules amid intense regulatory pressure. The company has received an official request from the US House Oversight Committee demanding a report on its KYC and geo-blocking procedures by June 5.
Currently, access to the platform is restricted or fully blocked in 35 countries and regions, including:
- United States, Russia, France, Germany, United Kingdom, Iran, Netherlands
- Poland, Singapore, Thailand, Taiwan, Japan, India, Indonesia, Spain, Ukraine, and others
Survival Strategy
Polymarket has separated its international and US versions of the platform. The US division has long operated with full KYC after acquiring a CFTC-licensed exchange. The company is now extending stricter standards to its global users.
Experts note that Polymarket is gradually abandoning its original philosophy of “maximum freedom” in favor of compliance and maintaining legal status. Users in restricted jurisdictions are advised to use wallets registered in permitted countries and completely avoid VPNs.
Learn more: What Is Polymarket? The Beginner’s Guide to the Prediction Market Everyone Is Talking About in 2026
