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Spain is the latest country to clamp down on the rising use of prediction market platforms like Polymarket and Kalshi.
Read full articleSpain 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’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.
Spain joined a growing list of national authorities restricting or banning prediction market platforms amid concerns over unlicensed gambling activities.
The ban came on the heels of markets linked to the early departure of Indonesian President Prabowo Subianto.
The capital commitment powers Rain’s upcoming V2 launch ahead of the FIFA World Cup, establishing one of the deepest liquidity foundations in prediction markets and positioning Rain alongside industry leaders Polymarket and Kalshi Rain, the decentralized prediction markets protocol, announces a $100 million liquidity commitment to support the launch of
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.
