Taiwan is blocking Coinbase and Kalshi over suspected election betting

What happened: A New Taipei court authorized a ban on Coinbase and Kalshi in Taiwan over suspected election betting, weeks before Nov. 28 local elections. Why it matters: The vote is seen as a test of President Lai Ching-te's government, and the court-authorized block affects the two platforms' access in Taiwan. Key numbers: Ban authorized weeks before Nov. 28 local elections.

A New Taipei court authorized a ban on Coinbase and Kalshi in Taiwan over suspected election betting, weeks before Nov. 28 local elections.

The vote is seen as a test of President Lai Ching-te's government, and the court-authorized block affects the two platforms' access in Taiwan. Key numbers: Ban authorized weeks before Nov. 28 local elections.