Taiwan · Coinbase · Bitcoinist
Taiwan Blocks Coinbase And Kalshi Websites Over Election Betting Concerns
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TL;DR: Taiwanese authorities have reportedly restricted access to Coinbase and Kalshi sites over concerns involving election betting.
Key facts
- The move was reported in October ahead of local elections scheduled for November 28, with officials citing restrictions on betting linked to political outcomes
- TL;DR: Taiwanese authorities have reportedly restricted access to Coinbase and Kalshi sites over concerns involving election betting
- Taiwan has become another flashpoint in the debate over cryptocurrency-linked prediction markets after authorities reportedly restricted access to Coinbase and Kalshi websites
- Kalshi operates event-based contracts, while Coinbase offers a wider set of cryptocurrency services
Summary
Taiwan has become another flashpoint in the debate over cryptocurrency-linked prediction markets after authorities reportedly restricted access to Coinbase and Kalshi websites. The move was reported in October ahead of local elections scheduled for November 28, with officials citing restrictions on betting linked to political outcomes. Kalshi operates event-based contracts, while Coinbase offers a wider set of cryptocurrency services. Prediction markets allow traders to take positions tied to possible future events.