TechFlow News, May 18: According to Bloomberg, last month India’s Ministry of Electronics and Information Technology warned that prediction markets such as Polymarket and online gambling platforms are illegal and must be blocked. Yet Polymarket and Kalshi continue to allow Indian users to register and trade. In an official notice posted on its website, the relevant Indian government department stated that users can still access these “illegal and blocked platforms,” despite existing domestic bans, and directed internet service providers to cut off access.
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