Spain Blocks Polymarket and Kalshi

Spain has temporarily blocked Polymarket and Kalshi while it investigates whether the prediction-market platforms are violating gambling laws by operating without a license.

The country’s ministry in charge of consumer affairs said it blocked the websites as a precautionary measure pending an official investigation. This investigation will determine if the platforms violate Spain’s gambling laws. It’s set to complete within the next four months and could mandate that these companies require specific administrative licenses to operate.