Spain Blocks Prediction Markets Over Licensing
Spanish authorities have ordered the blocking of Polymarket and Kalshi for operating without proper gambling licenses, joining a growing global crackdown on prediction markets. This represents expanding regulatory scrutiny of crypto-based betting platforms across multiple jurisdictions.
Why it matters
SMB founders in fintech or prediction markets must navigate increasing regulatory complexity and ensure proper licensing before entering new markets.
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