Taiwan Blocks Coinbase and Kalshi Websites Over Alleged Election Betting

The New Taipei District Court in Taiwan has authorized the blocking of access to Coinbase and the prediction market platform Kalshi within the region, citing allegations of providing election betting services. This blocking comes just weeks before local elections, which will test public support for President Lai Ching-te's government. Some Coinbase users in Taiwan have reported being unable to access the platform normally since Wednesday.

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