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Taiwan Blocks Coinbase And Kalshi Websites Over Election Betting Concerns

Taiwan Blocks Coinbase And Kalshi Websites Over Election Betting Concerns

Photo: Bitcoinist

TL;DR: Taiwanese authorities have reportedly restricted access to Coinbase and Kalshi sites over concerns involving election betting. The measures arrive ahead of local elections and underscore differing national approaches to prediction markets. Taiwan has become another flashpoint in the debate over cryptocurrency-linked prediction markets after authorities reportedly restricted access to Coinbase and Kalshi websites. The move was reported in October ahead of local elections scheduled for November 28, with officials citing restrictions on betting linked to political outcomes. Kalshi operates event-based contracts, while Coinbase offers a wider set of cryptocurrency services.

Also reported by TheNewsCrypto.

Source: Bitcoinist

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