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Taiwan blocks Coinbase, Kalshi over election betting fears

Taiwan blocks Coinbase, Kalshi over election betting fears

Photo: crypto.news

Taiwan has blocked domestic access to cryptocurrency exchange Coinbase and prediction market platform Kalshi over suspected illegal election betting, following a court order ahead of the November 28, 2026, local elections. Taiwan blocked Coinbase and Kalshi websites following a court order concerning suspected illegal election betting. Coinbase users reported website access problems beginning October 14, while the company investigated the disruption. Taiwan's November 28 local elections will choose mayors, councilors, and other public officials across municipalities. Election gambling operators face up to five years imprisonment under Taiwan's amended election betting laws.

Also reported by TheNewsCrypto, TheCoinrise.

Source: crypto.news

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