Spain joins growing list of countries shutting out Polymarket and Kalshi

The platforms were blocked for operating without licenses required by Spanish gambling law, citing a lack of safeguards for minors and self-excluded gamblers. What to know : Spain initiated disciplinary proceedings against Polymarket and Kalshi, ordering internet service providers to block access to the platforms for offering unlicensed betting products. The prediction markets were blocked for operating without licenses required by Spanish gambling law, citing a lack of safeguards for minors and self-excluded gamblers. Spain's action increases the global regulatory scrutiny of the industry following similar moves in countries like Indonesia and India.