Taiwan Blocks Coinbase & Kalshi Over Election Betting
Taiwan has blocked access to Coinbase and Kalshi ahead of November local elections, citing laws banning for-profit election gambling.
What we know
@TheBlockCo reported that Taiwanese authorities blocked both Coinbase and Kalshi websites, suspecting them of violating a law that prohibits for-profit gambling tied to elections. The move comes ahead of the country's November local elections and signals expanding regulatory friction for prediction markets and crypto exchanges in Asia.
Sources
@TheBlockCo
“Taiwan has blocked access to Coinbase and Kalshi websites over suspected election betting ahead of the upcoming November local elections”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.