Spain Blocks Polymarket and Kalshi Amid Gambling License Investigation
The post Spain Blocks Polymarket and Kalshi Amid Gambling License Investigation appeared on BitcoinEthereumNews.com. Spain blocks Polymarket and Kalshi amid gambling licence investigation actions. Regulators treat prediction markets as gambling requiring strict approval rules. Global pressure grows as countries restrict prediction market platforms expansion. Spain intensified its crackdown on prediction market platforms after regulators blocked domestic access to Polymarket and Kalshi during a new gambling licence investigation. Authorities believe both companies may have operated illegally in the country without securing approval from Spanish regulators. Consequently, the dispute adds fresh pressure on a rapidly growing sector that already faces mounting restrictions across Europe and beyond. Spain’s Ministry of Consumer Rights confirmed Tuesday that it opened disciplinary proceedings against the two US-based platforms. Officials stated that prediction markets fall under gambling regu