Kalshi bars India users after govt bans prediction markets

US-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platforms. This move comes weeks after India's IT ministry warned against participating in online prediction markets and blocked access to sites like Kalshi. The government's crackdown aligns with its new online gaming regulations, which ban monetary stake games. Users in restricted areas can still maintain membership but cannot trade event contracts.

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