Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Gate Card
Rewards
Square
Latest
Hot
News
Profile

Spain has nationwide banned Polymarket and Kalshi due to unlicensed operations.

MeNews
robot
Abstract generation in progress
ME News Report, May 27 (UTC+8), Spain's gambling regulatory authority has ordered the nationwide blocking of prediction market platforms Polymarket and Kalshi, and has initiated disciplinary procedures against both, citing the lack of necessary administrative licenses to operate in Spain. The announcement has been published in the Official Gazette of Spain. This blockade is a precautionary measure before the final decision of the procedures, which are expected to last three to four months. Spain classifies platforms that bet on uncertain future outcomes as gambling businesses, requiring operators to have compliance mechanisms such as identity verification, underage access control, and self-exclusion. (Source: PANews)
KALSHI5.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • 2
  • Share
Comment
Add a comment
Add a comment
GateUser-8d51653b
· 4h ago
The compliance costs for Web3 projects are increasing.
View OriginalReply0
OneMoreReorg
· 17h ago
Concerns about Spain's innovative environment
View OriginalReply0
WatercolorGlassBottle
· 17h ago
Global regulatory fragmentation, the prediction market is doomed to guerrilla warfare
View OriginalReply0
GlassBottleFeather
· 17h ago
Implementing self-exclusion mechanisms is not difficult; why not provide a transition period?
View OriginalReply0
BluePeonyAlert
· 17h ago
Kalshi's CFTC approval is useless here
View OriginalReply0
MetalFrameBookPageCross
· 17h ago
Is prediction market considered gambling? The regulatory framework is clearly behind.
View OriginalReply0
On-ChainNightSecurityGuard
· 17h ago
Is there sufficient legal basis for this preventive measure?
View OriginalReply0
FeeMarketMonk
· 17h ago
It's the same old wine in a new bottle; regulatory arbitrage opportunities have actually increased.
View OriginalReply0

  • Pinned

Sitemap