Spanish authorities block Polymarket and Kalshi over gambling laws
Spain joined a growing list of national authorities restricting or banning prediction market platforms amid concerns over unlicensed gambling activities.
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The ban came on the heels of markets linked to the early departure of Indonesian President Prabowo Subianto.
Read full articleSpain joined a growing list of national authorities restricting or banning prediction market platforms amid concerns over unlicensed gambling activities.
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Spain's action highlights the growing global regulatory scrutiny on prediction markets, potentially reshaping their operational strategies. The post Spain blocks Polymarket, Kalshi over unlicensed betting products appeared first on Crypto Briefing.
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Indonesia’s Polymarket block shows how event markets are facing gambling rules, political sensitivity, platform risk and regulatory pushback.
Amid the global crackdown on online gambling and prediction markets, Indonesia has joined the list of jurisdictions imposing restrictions on Polymarket and similar platforms after a bet on the President’s term drew online attention. Related Reading: Crypto Payments Go Autonomous As AI Agents Execute 176M Transactions Indonesia Blocks Access To Polymarket Indonesia recently blocked access […]