PANews reported on May 22 that, according to ThePrint, the Indian central government will formally block the prediction market platform Kalshi, with the ban expected to be issued as early as Friday. This follows a previous ban on Polymarket issued by the Ministry of Electronics and Information Technology. Both platforms were supposed to cease operations weeks ago but continued to allow Indian users to register and trade. A government official stated that an order against Kalshi is being prepared.
The Indian government will order the blocking of prediction markets Polymarket and Kalshi.
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Author: PA一线
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