October 15th 2026, 11:08 AM
Taiwan Cracks Down on US Crypto Exchanges Ahead of Elections
Key Summary
Taiwan has blocked Coinbase and Kalshi websites over suspected election betting, weeks ahead of local polls testing President Lai Ching-te's government support. This move follows regulatory scrutiny and comes amid a broader shift in the region's crypto landscape.
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Background
The move comes amid a broader shift in Taiwan's crypto regulatory environment.
Regulatory Scrutiny
Taiwan has been scrutinizing the activities of foreign crypto exchanges in the country, with a focus on suspected election betting.
Local Polls
The local polls, scheduled for later this month, will test support for President Lai Ching-te's government.
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