The Spanish Department of Consumer Affairs has initiated disciplinary proceedings against prediction market platforms Polymarket and Kalshi and has ordered internet service providers to block access. The Spanish gambling regulatory authority states that the two companies offer betting products related to uncertain future events without obtaining local gambling licenses, and may lack protections for minors, identity verification, and self-exclusion mechanisms for players. The related blocking measures will remain in place during the case review, which is expected to take 3 to 4 months. Previously, Polymarket has also been restricted or banned in Indonesia, India, France, the UK, Germany, Australia, and other regions.

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