Taiwan Shuts Down Coinbase & Kalshi Over Election Betting Markets – Six Weeks Before Vote

Taiwan has ordered the blocking of Coinbase and Kalshi websites amid a police investigation into election betting, just six weeks before the Nov. 28 local elections.

Although Kalshi’s terms already prohibit Taiwanese users, the platforms still list markets on the races, prompting authorities to act. The move underscores rising regulatory pressure on prediction‑market sites that enable political wagering and could influence how other countries handle similar services ahead of votes.