Spain recently announced the blocking of Polymarket and Kalshi, accusing them of lacking necessary gambling licenses. This move exemplifies the tightening of regulations on prediction markets globally.
Recently, as regulatory scrutiny of the crypto ecosystem intensifies, Spain officially ordered the blocking of Polymarket and Kalshi on May 26, 2026. The Spanish Gambling Regulatory Authority (DGOJ) accused these two prediction market giants of providing services to the Spanish public without the necessary gambling licenses. This shocking decision marks a new wave of crackdowns on these platforms globally.
Madrid's Regulation of Prediction Markets: Immediate Block and Public Procedures
Global Regulatory Spread?
This week, Indonesia also listed Polymarket as illegal online gambling, implementing blocking measures. India and several other countries have taken similar actions.