Trending Now - Spain Halts Polymarket and Kalshi Amid Gambling Law Review

WHO:

Cointelegraph - Spanish authorities are involved in the decision to block Polymarket and Kalshi.

Engadget - US states have attempted to regulate Polymarket and Kalshi.

WHAT:

Cointelegraph - Spain has blocked Polymarket and Kalshi amid concerns over unlicensed gambling activities.

Engadget - Spain is investigating prediction market platforms, which includes Polymarket and Kalshi.

WHERE:

Cointelegraph - The actions are taking place in Spain.

WHY:

Cointelegraph - The blocking of Polymarket and Kalshi is due to concerns over unlicensed gambling activities.

Engadget - There is an ongoing investigation into prediction market platforms, indicating regulatory scrutiny.

HOW:

Cointelegraph - Spain joined a growing list of national authorities that are restricting or banning prediction market platforms.

(UPDATED May 26, 2026 19:40 UTC)

Spanish authorities have decided to block Polymarket and Kalshi due to concerns over unlicensed gambling activities. This action is part of a broader investigation into prediction market platforms, which has drawn regulatory scrutiny from various national authorities. As Spain joins this growing list, it highlights the increasing challenges faced by these platforms in navigating legal frameworks.