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Spain joins growing list of countries shutting out Polymarket and Kalshi

CoinDesk
Spain has ordered ISPs to block access to Polymarket and Kalshi for operating as unlicensed gambling platforms.

Summary

Spain’s Directorate General for Gambling Regulation has launched disciplinary proceedings and ordered internet service providers to block access to prediction markets Polymarket and Kalshi. Regulators allege these platforms offer betting products on future events without obtaining the necessary Spanish gambling licenses. This precautionary measure, which is expected to last several months, follows a global trend of countries restricting these platforms due to concerns over unlicensed gambling, lack of consumer safeguards, and regulatory ambiguity.

(Source:CoinDesk)