Woofun AI reports that prediction market platform Polymarket intends to contest the French regulatory authority's decision to block its website through legal channels. The firm expressed dissatisfaction with the unilateral blocking measure implemented last week, which mandated local Internet service providers to restrict access due to concerns over potential user losses and market manipulation risks.

Global regulatory scrutiny on prediction markets is escalating, following Spain's temporary ban of Polymarket and Kalshi in May and the U.S. Commodity Futures Trading Commission's new regulatory proposal issued in June.