Bitcoin Bans Offshore Gambling in Kenya
Kenya’s Finance Bill 2026 mandates annual returns for VASPs and reinstates a 20% tax on gambling winnings, aiming to curb crypto-offshore tax evasion. #Update #Legal
gambling
AGA Exodus Reshapes US Gambling Lobbying
The AGA faces challenges as 81% of gaming execs see prediction markets as a threat; Draftkings, Fanduel, Fanatics, and bet365 exit. Senate hearing on May 20. #Update #Legal
Gambling Legislation: Lithuania Approves Player Card
Lithuania proposes mandatory gambling player cards by 2029, requiring identity-linked non-cash transactions across operators. Concerns arise over potential illegal market growth. #Update #Legal
Kalshi Banned from Massachusetts After Judge Ruling
Suffolk County Superior Court Judge Christopher Barry-Smith plans to issue a preliminary injunction against @Kalshi, prohibiting its operations in Massachusetts due to unlicensed sports wagering practices. #Update #Legal $BTC
Romania Bans Polymarket for Unlicensed Gambling
Romania’s National Gambling Office (ONJN) has blacklisted @Polymarket for unlicensed gambling activities, citing significant betting volumes on local elections. This follows previous regulatory issues in the U.S. #Breaking #Legal $POLY
Polymarket Banned as Gambling Site
@Polymarket has been declared illegal in Singapore due to gambling regulations, with potential fines and imprisonment for offenders. The U.S. Department of Justice is also investigating Polymarket’s operations for legal breaches. #Breaking #Legal (-9) ↗
Singapore Blocks Polymarket Access: Gambling Law
Singapore’s Gambling Regulatory Authority has blocked access to @Polymarket, labeling it an “illegal gambling site” under the Gambling Control Act 2022. This follows increased scrutiny and previous regulatory actions in other countries. #Breaking #Legal (+8) ↘
Singapore Blocks Polymarket Over Gambling Concerns
Singapore blocks access to @Polymarket as users report restrictions under the Gambling Control Act 2022, which bans betting with unlicensed operators. This move highlights regulatory challenges faced by decentralized prediction markets. #Update #Legal (+3) ↘