Kalshi, Hyperliquid, IB Still Serve Dutch Users as Polymarket Ban Fails to Clear the Market
Summary
Following the Dutch Gaming Authority's (Ksa) ban on Polymarket for operating without a license, an investigation by the FD newspaper reveals that platforms such as Kalshi, Hyperliquid, and Interactive Brokers continue to provide prediction market services in the Netherlands. While the Ksa maintains that similar platforms are also subject to sanction, these services remain accessible, with some firms framing their offerings as financial contracts rather than gambling. Globally, prediction markets face increasing regulatory pressure, with nations like Brazil and several European countries implementing bans, while the industry also contends with concerns regarding insider trading and low profitability for the vast majority of participants.
(Source:Cointelegraph)