Kalshi restricts Indian users after regulatory pressure on prediction… — Crypto LVL — TG.ME

🔔 Kalshi restricts Indian users after regulatory pressure on prediction markets

❗️ The revised document includes 55 restricted jurisdictions and now names India among the countries whose residents are barred from using the platform. The move comes nearly a month after Indian authorities blocked access to Polymarket and warned virtual private network providers against facilitating access to prediction market websites.

➡️ India’s Ministry of Electronics and Information Technology issued an advisory on April 25 directing internet service providers and VPN operators to prevent access to what it described as illegal and blocked online betting and prediction market platforms. Polymarket was among the platforms targeted under the order.

⚠️ At the time, people familiar with the matter told local media that authorities could take similar action against Kalshi, although the platform remained accessible in India following the advisory.
Indian authorities have classified prediction market platforms under the Promotion and Regulation of Online Gaming Act 2025 as online money gaming services. Under the framework, platforms that allow users to stake real money on uncertain outcomes can fall within prohibited betting activity regardless of how operators describe their services.
June 23, 2026 23.7K 85