Is Polymarket legal in New Zealand?
Polymarket is not on the official list of 33 blocked countries. However, New Zealand regulators have recently increased scrutiny of prediction market platforms.
The Department of Internal Affairs (DIA), which regulates gambling in New Zealand, has taken an interest in offshore prediction markets. Access status may change.
How New Zealand regulations apply
New Zealand's Gambling Act 2003 regulates gambling activities. The FMA (Financial Markets Authority) oversees financial products. Prediction markets sit in a gray area between the two.
Crypto is legal in New Zealand. The FMA considers crypto as financial products in some contexts. Crypto gains are taxable if acquired with the intent to sell.
How to get started (while accessible)
- Go to Polymarket and create your account
- Deposit via credit card or transfer USDC from a local exchange like Easy Crypto NZ
- Start trading
Learn about prediction markets: read our guide.
