Taiwan Cuts Off Coinbase and Kalshi Weeks Before Local Vote: Report

Taiwan has blocked access to Coinbase and Kalshi weeks before a local election, according to a report. Polymarket, Kalshi's main rival, is also blocked in Taiwan, where election bettors face up to six months in prison under a 2023 amendment. The move signals tightening regulatory restrictions on crypto and prediction-market platforms in the region, a modest negative for Coinbase's international expansion narrative.