{"id":73109,"date":"2026-05-26T19:36:42","date_gmt":"2026-05-26T19:36:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/spain-goes-after-polymarket-kalshi-as-legal-fork-between-us-and-eu-keeps-widening\/"},"modified":"2026-05-26T19:36:42","modified_gmt":"2026-05-26T19:36:42","slug":"spain-goes-after-polymarket-kalshi-as-legal-fork-between-us-and-eu-keeps-widening","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/spain-goes-after-polymarket-kalshi-as-legal-fork-between-us-and-eu-keeps-widening\/","title":{"rendered":"Spain Goes After Polymarket, Kalshi as Legal Fork Between US and EU Keeps Widening"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Spain\u2019s DGOJ moved to block Polymarket and Kalshi within 7 to 10 days.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Polymarket faced \u20ac420K weekly fines in the Netherlands after the Feb. 2026 action.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Kalshi closed a $1B Series F on May 7 as CFTC backs US prediction markets.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>European Enforcement Efforts Grow as US Takes Different Direction<\/h2>\n<p>The Direcci\u00f3n General de Ordenaci\u00f3n del Juego (DGOJ) <a href=\"https:\/\/www.dsca.gob.es\/es\/comunicacion\/notas-prensa\/consumo-abre-expediente-sancionador-plataformas-polymarket-kalshi-ordena\" target=\"_blank\" rel=\"noopener noreferrer\">published<\/a> the notices in the Bolet\u00edn Oficial del Estado after attempts to notify the platforms at their foreign addresses failed. The process is expected to take three to four months.<\/p>\n<p>Both platforms had recently drawn Spanish social media attention with markets <a href=\"https:\/\/coinfomania.com\/spain-blocks-polymarket-and-kalshi-over-missing-gambling-license\/\" target=\"_blank\" rel=\"noopener noreferrer\">pricing<\/a> the early end of Prime Minister Pedro S\u00e1nchez\u2019s term: Kalshi\u2019s \u201cwhich national leader will leave office in 2026\u201d contract listed the PM at 29%. Major Spanish ISPs are expected to implement network-level DNS blocks within 7 to 10 days, redirecting users who try to reach the two domains to a government landing page.<\/p>\n<p>The Spanish action lands within a broader 2026 wave of European enforcement. Portugal\u2019s gambling regulator gave Polymarket a 48-hour shutdown <a href=\"https:\/\/www.eupersonalfinance.eu\/articles\/prediction-markets-europe\" target=\"_blank\" rel=\"noopener noreferrer\">ultimatum<\/a> in January after the platform processed roughly $120 million in <span>trading volume<\/span> on the country\u2019s presidential election. The Netherlands followed in February, when the Dutch Gaming Authority (KSA) <a href=\"https:\/\/finance.yahoo.com\/news\/netherlands-bans-polymarket-over-illegal-151459208.html\" target=\"_blank\" rel=\"noopener noreferrer\">ordered<\/a> Polymarket to stop serving Dutch users or face fines of \u20ac420,000 per week, capped at \u20ac840,000. European regulators are consistently treating <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a> as gambling, with each member state applying domestic rules in the absence of a harmonized EU framework.<\/p>\n<p>The US is moving in the opposite direction. On May 12, the Commodity Futures Trading Commission filed an amicus brief in the Sixth Circuit Court of Appeals in KalshiEx LLC v. Schuler, asserting the agency\u2019s exclusive jurisdiction over <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">prediction markets<\/a>. CFTC Chairman Michael S. Selig <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9230-26\" target=\"_blank\" rel=\"noopener noreferrer\">framed<\/a> the broader campaign as protecting the agency\u2019s jurisdiction against state encroachment.<\/p>\n<p>Trading activity remains heavily concentrated despite the regulatory pressure. <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-prediction-markets\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Prediction markets<\/a> traders have <a href=\"https:\/\/news.bitcoin.com\/prediction-market-traders-push-april-2026-volume-to-8-6b-kalshi-takes-the-lead\/\">recorded<\/a> an $8.6 billion <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> during April 2026, while Kalshi <a href=\"https:\/\/news.bitcoin.com\/kalshi-hits-22-billion-valuation-after-massive-1-billion-series-f-funding-round\/\">closed<\/a> a $1 billion Series F at a $22 billion valuation on May 7.<\/p>\n<p>While European jurisdictions are converging on gambling classification with formal blocks, with Spain\u2019s move being the latest in a lengthening line, the CFTC in the United States is asserting federal derivatives-markets jurisdiction with growing assertiveness in court. Whether the two regimes can coexist for cross-border platforms, or whether Polymarket and Kalshi will have to choose markets, is becoming an open structural question.<\/p>\n<p> <!-- --><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/spain-goes-after-polymarket-kalshi-as-legal-fork-between-us-and-eu-keeps-widening\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Spain\u2019s DGOJ moved to block Polymarket and Kalshi within 7 to 10 days. Polymarket faced \u20ac420K weekly fines in the Netherlands after the Feb. 2026 action. Kalshi closed a $1B Series F on May 7 as CFTC backs US prediction markets. European Enforcement Efforts Grow as [&hellip;]<\/p>\n","protected":false},"author":3947362403,"featured_media":73110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73109"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362403"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73109"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73110"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}