Regulation· ★★★· bearish·

Taiwan blocks Coinbase and Kalshi over election betting

  • —New Taipei court cleared the blocking of Coinbase and Kalshi for users in Taiwan
  • —The Criminal Investigation Bureau suspects the platforms of election betting
  • —Kalshi said it does not allow trading in Taiwan
  • —Local elections in Taiwan are scheduled for November 28
Why it matters: The move widens the list of jurisdictions restricting prediction markets and crypto platforms ahead of elections.
Source: Happycoin.club