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Spain Blocks Polymarket and Kalshi Over Unlicensed Operation

2026-05-27 06:11:36

Spain's DGOJ ordered nationwide blocks of Polymarket and Kalshi, with precautionary blocks expected to last three to four months. The regulator opened disciplinary proceedings against both platforms for operating without the required Spanish authorization. Dune Analytics data shows Polymarket generated more than $5 billion in May 2026 volume, while Kalshi exceeded $13.7 billion.

POLYMARKET1.95%

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