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Posted on • Originally published at mlxio.com

$9.7B Polymarket, Kalshi Boom Hits Spain’s Legal Wall

Spain blocked Polymarket and Kalshi as $9.7B in monthly volume tests whether prediction markets belong under gambling law.

Key takeaways

  • $9.7 billion in recent prediction-market volume is now colliding with Spain’s gambling law, and my view is blunt: Spain’s block on Polymarket and Kalshi ma...
  • Spain’s gambling regulator, the Dirección General de Ordenación del Juego (DGOJ), ordered internet service providers to block both platforms on May 26 whil...
  • This is not just a story about two companies losing access to one market. It is a test of whether Europe can regulate financial-information markets without treating th...
  • $9.7 Billion in 30-Day Volume Turned a Licensing Dispute Into a Market Structure Fight

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/crypto/spain-polymarket-kalshi-block

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