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Spain Temporarily Blocks Polymarket and Kalshi Over Unlicensed Gambling Concerns
Spain has temporarily halted the operations of prediction market platforms Polymarket and Kalshi within its territory after regulators concluded that both services were offering gambling-related products without the legally required authorisations. The country’s Ministry of Social Rights, Consumer Affairs & Agenda 2030 confirmed that the Directorate General for the Regulation of Gambling has initiated formal sanction proceedings against the two companies. The measure was also
1 day ago2 min read
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