Bearish
India’s Crackdown on Prediction Markets: Polymarket Blocked, Kalshi at Risk
22.05.2026 08:18
India has intensified its regulatory crackdown on prediction markets, leading to the blocking of Polymarket in the country. The move signals a broader clampdown on decentralized prediction platforms, with Kalshi potentially facing similar restrictions. Authorities cite concerns over unregulated gambling and financial risks. This development highlights the growing scrutiny of prediction markets globally, impacting platforms like Polymarket and Kalshi, while raising questions about the future of such decentralized applications in restrictive jurisdictions.
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