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The post Spain Blocks Polymarket and Kalshi Amid Gambling License Investigation appeared on BitcoinEthereumNews.com. Spain blocks Polymarket and Kalshi amid gambling licence investigation actions. Regulators treat prediction markets as gambling requiring strict approval rules. Global pressure grows as countries restrict prediction market platforms expansion. Spain intensified its crackdown on prediction market platforms after regulators blocked domestic access to Polymarket and Kalshi during a new gambling licence investigation. Authorities believe both companies may have operated illegally in the country without securing approval from Spanish regulators. Consequently, the dispute adds fresh pressure on a rapidly growing sector that already faces mounting restrictions across Europe and beyond. Spain’s Ministry of Consumer Rights confirmed Tuesday that it opened disciplinary proceedings against the two US-based platforms. Officials stated that prediction markets fall under gambling regu

Spain’s ban shows how prediction markets are colliding with gambling licenses, consumer safeguards, political events and platform risk.

Polymarket and Kalshi have been hit with mounting regulatory scrutiny, and Spain is now the latest jurisdiction to step in. After challenges ranging from security concerns to government investigations, Spanish regulators have begun a formal process against both prediction market operators and ordered their sites blocked nationwide. Sanctions Against Polymarket And Kalshi Spain’s Directorate General […]

Spain has blocked both prediction markets Polymarket and Kalshi for operating without gambling licences. Spain’s gambling regulator, the Directorate General for Gambling Regulation, ordered internet service providers to block access to Polymarket and Kalshi after the Ministry of Consumer Affairs…

Spain blocks Polymarket and Kalshi while probing whether the prediction markets operated without required gambling licenses. The post Spain blocks Polymarket and Kalshi over unlicensed prediction markets appeared first on Crypto Briefing.

Spain is the latest country to clamp down on the rising use of prediction market platforms like Polymarket and Kalshi.

Spain’s gambling watchdog opened sanctioning proceedings against Polymarket and Kalshi, ordering precautionary blocks on both platforms while it investigates whether the unlicensed operators violated the country’s gambling law. European Enforcement Efforts Grow as US Takes Different Direction The Dirección General de Ordenación del Juego (DGOJ) published the notices in the Boletín Oficial del Estado after […]

Spain opens proceedings against Polymarket and Kalshi and requests ISP blocks over alleged unlicensed gambling. Spain has moved to block Polymarket and Kalshi after opening sanction proceedings against both prediction market platforms. The Ministry of Consumer Affairs says the firms operated in Spain without gambling licenses. The order targets access to both websites nationwide, while […] The post Spain Moves to Block Polymarket and Kalshi Over Gambling Claims appeared first on Live Bitcoin News.