A district court in New Taipei has authorized Taiwan’s telecommunications regulator and internet registration bodies to block domestic access to Coinbase and prediction market platform Kalshi, Bloomberg reported. The move was tied to allegations that the platforms were offering election betting services. The access restrictions came just weeks before Taiwan’s local elections, a vote seen as a test of public support for President Lai Ching-te’s administration. Some Coinbase users in Taiwan had already reported being unable to access the platform starting Wednesday. The court-backed action places Coinbase and Kalshi at the center of a sensitive regulatory and political moment, with authorities moving before the local vote and users beginning to feel the impact on platform availability.
A district court in New Taipei, Taiwan, has authorized the island’s telecommunications regulator and internet registration bodies to block domestic access to Coinbase and prediction market platform Kalshi, according to Bloomberg.
The restriction was linked to allegations that the platforms were providing election betting services.
The move came several weeks before Taiwan’s local elections, which will test public support for President Lai Ching-te’s government.
Some Coinbase users in Taiwan have already reported that they have been unable to access the platform since Wednesday.
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