Kalshi Expands Restricted Jurisdictions to Include India
WHO:
Cointelegraph - Kalshi, a prediction market platform.
Bloomberg Markets - Kalshi Inc., the company behind the prediction market platform.
WHAT:
Cointelegraph - Kalshi has added India to its list of 55 restricted jurisdictions.
Bloomberg Markets - The addition of India to the restricted list follows a warning from the country’s technology ministry regarding the legality of prediction market platforms.
WHERE:
Cointelegraph - India, as the newly added restricted jurisdiction.
Bloomberg Markets - India, where the technology ministry issued the warning.
WHY:
Cointelegraph - Indian authorities warned VPN providers to stop facilitating access to prediction market platforms.
Bloomberg Markets - The country’s technology ministry warned that prediction market platforms were illegal and moved to curb access to such sites.
HOW:
Cointelegraph - Kalshi's decision to restrict access to India is part of its compliance with local regulations.
Bloomberg Markets - The technology ministry's actions included warnings to VPN providers to cease operations that enable access to these platforms.
(UPDATED June 23, 2026 15:58 UTC)
Kalshi, the prediction market platform, has added India to its list of 55 restricted jurisdictions following a warning from the country's technology ministry about the legality of such platforms. Indian authorities have also cautioned VPN providers to stop facilitating access to these prediction markets, emphasizing their illegal status in the country. This move by Kalshi reflects its commitment to comply with local regulations amid increasing scrutiny from Indian officials.