Taiwanese authorities restricted access to Coinbase and Kalshi websites in October over concerns involving election betting ahead of local elections scheduled for November 28. Kalshi operates event-based contracts while Coinbase offers cryptocurrency services. Taiwan has strict rules regarding election gambling and previously restricted access to other prediction-market services, citing concerns that wagering on election outcomes may introduce incentives conflicting with local electoral rules.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.