Polymarket Ban, Bitcoin and Ethereum: Key Events of the Week in the Crypto Sphere

заборона Polymarket в Україні, річниця першої транзакції біткоїна, відкладення CLARITY Act та Grok у Пентагоні

Last week in the world of cryptocurrencies and technology brought a number of important events worth careful consideration.

This is reported by Business • Media

Regulatory Changes and Platform Bans

In Ukraine, the ban on the Polymarket platform came into effect. The National Commission for the Regulation of Electronic Communications made the decision to block the service due to the lack of the necessary license for conducting gambling activities.

“Using the service creates legal risks for citizens, including potential administrative liability”

The regulator paid particular attention to Polymarket markets related to the war in Ukraine, which became an additional argument in favor of blocking the platform.

Cryptocurrency Market: Dynamics and Forecasts

The past week marked the anniversary of the first Bitcoin transaction. Over seventeen years, the asset has evolved from a hypothetical 10 BTC with no real value to a range of $96,000–97,000 in January 2026.

Ethereum is also showing positive dynamics. The average daily increase in new wallets exceeded 327,000, indicating a stable interest from users in the network.

Analysts are noting the gradual institutionalization of the crypto market. In particular, Sygnum predicts that by 2026, several G20 countries may officially include Bitcoin in their national reserves.

At the same time, experts warn against excessive optimism. Cyber Capital founder Justin Bons believes that Bitcoin may face a systemic downturn in the coming years due to the gradual reduction of the network’s security budget.

An important trend is the growing interest in privacy tokens. For example, the Monero coin has updated its historical maximum, approaching the $600 mark.

Regulation and International Practices

Globally, the regulatory landscape for cryptocurrencies continues to take shape. Dubai has implemented strict restrictions on privacy tokens, while France has warned 90 crypto companies about the need to obtain a license.

Meanwhile, Moldova plans to legalize the possession and trading of crypto assets in 2026, introducing a 12% tax.

A notable example is South Korea, which, after a nine-year ban, has allowed corporations to invest in crypto assets, but with clear restrictions — up to 5% of their own capital annually.

Continued active transformations in the crypto industry are expected in the future.