Spain's Directorate General for the Regulation of Gambling has ordered internet service providers to block access to prediction market platforms Polymarket and Kalshi. The regulator stated that these platforms were operating in Spain without the required gambling licenses. This action follows a period of assessment by the regulator, who determined that the services offered by Polymarket and Kalshi fall under the scope of Spanish gambling legislation. The decision impacts users in Spain seeking to access these prediction markets.
Spain · Fintech
Spain Blocks Prediction Markets Polymarket and Kalshi Due to Gambling License Requirements
Spain's gambling regulator has blocked access to prediction market platforms Polymarket and Kalshi, citing their operation without the necessary gambling licenses.
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