Taiwan’s communications regulator has blocked the websites of prediction market exchange Kalshi and cryptocurrency platform Coinbase, according to a report. The report links the action to an order and concerns over election betting.
The reported website blocks may limit access to Kalshi and Coinbase in Taiwan amid election-betting concerns.
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A federal district court in Illinois has barred the state from applying its gambling regulations to Kalshi. The court held that the CFTC, rather than state regulators, oversees prediction markets, though the nationwide dispute over sports event contracts remains unresolved. Kalshi chief executive Tarek Mansour has warned operators could move offshore if states prevail.
A federal district court in Illinois has barred the state from applying its gambling regulations to Kalshi. Judge Martha Pacold ruled that the Commodity Futures Trading Commission (CFTC), rather than state regulators, oversees prediction markets, the report said. The decision does not settle the nationwide dispute over sports event contracts.
Taiwanese authorities have restricted access to the Coinbase and Kalshi websites, in a measure reported by Jamma as authorised by a New Taipei court. It was reported that the Criminal Investigation Bureau identified possible violations of Taiwan’s rules on election betting ahead of local elections on 28 November 2026. Coinbase said it was checking reports of access problems, while Kalshi said Taiwan is already subject to operational restrictions.
Taiwanese authorities have ordered access to the websites of Coinbase and Kalshi to be blocked as part of enforcement against illegal betting on political events. The measure was authorised by a court in New Taipei. It concerns two platforms involved, in different ways, in prediction markets, through which users can trade contracts linked to the outcome of future events, including elections.
A federal judge in Illinois partially maintained preliminary injunctions protecting Kalshi from state gambling enforcement on 2 October. The court found that federal law likely preempts state licensing requirements because Kalshi’s contracts likely qualify as swaps. The ruling remains preliminary, and the judge allowed further briefing on wager-related fees.
A federal judge in Illinois ruled on 2 October that the state likely cannot enforce several of its gambling laws against Kalshi while a case on prediction markets continues, keeping preliminary injunctions in place in part. US District Judge Martha M. Pacold found that Kalshi's event contracts are likely swaps under the Commodity Exchange Act, according to the opinion. The decision is not final.
Underdog filed a federal lawsuit against Connecticut officials after the state Department of Consumer Protection ordered it and eight other companies to stop offering or advertising sports-event contracts and let users withdraw existing funds. The company asked the court to block state enforcement, arguing that federal law gives the Commodity Futures Trading Commission authority over its event contracts; Connecticut officials say the contracts breach state gaming rules.
Michigan gaming regulators said Robinhood agreed to stop customers entering new sports-related event contract positions and to close remaining positions by 9 October. The state will refrain from enforcing its sports betting laws against Robinhood while it follows those restrictions; the arrangement remains in place pending specified court proceedings or other stated conditions. Robinhood said it does not believe the contracts violate state law.