Spain Blocks Prediction Markets in Regulatory Crackdown
Spanish authorities have ordered ISPs to block Polymarket and Kalshi for operating without proper gambling licenses, joining a growing international movement to regulate prediction markets. This represents an expanding global crackdown on unregulated betting platforms.
Why it matters
SMB founders in fintech or gaming sectors must monitor evolving regulatory landscapes as governments increasingly scrutinize prediction markets and crypto-adjacent platforms.
Evidence
- Spanish Authorities Order Polymarket and Kalshi Blocked over Gambling Laws
- Spain blocks Polymarket, Kalshi for operating without licenses amid widening global crackdown on prediction markets
- Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence
- Spain blocks prediction markets Polymarket, Kalshi over lack of gambling licence
- Spain joins growing list of countries shutting out Polymarket and Kalshi