India Blocks Polymarket, Kalshi Block Expected Today, May 22

KALSHI-10.77%
According to India Today, India's Ministry of Electronics and Information Technology (MeitY) has issued a blocking order against Polymarket, with a blocking order for Kalshi expected as early as today, May 22. The orders will be enforced under Article 69A of the Information Technology Act, previously used to ban TikTok. Kalshi's legal counsel stated compliance if a formal government request is received; Polymarket stated commitment to complying with applicable laws in its jurisdictions.
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