Spanish authorities block Polymarket and Kalshi over gambling laws

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.

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.

Regulatory actions against prediction markets highlight the tension between innovation and consumer protection, potentially stifling sector growth. The post Spain blocks access to Polymarket and Kalshi over licensing issues appeared first on Crypto Briefing.

Polymarket's whale-dominated voting highlights governance centralization risks, potentially undermining trust and fairness in prediction markets. The post Polymarket delays voting process revamp as nine whales dominate disputes appeared first on Crypto Briefing.

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 […]