Taiwan has restricted access to popular cryptocurrency exchanges Coinbase and Kalshi, reportedly just weeks before a local election. The block affects users in the country who may have used these platforms for online betting. In Taiwan, betting on election outcomes is heavily restricted, with penalties including up to six months in prison under a 2023 amendment to the law.
Source
"Taiwan Blocks Coinbase and Kalshi Ahead of Local Elections" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.