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The Economic Times
The Economic Times
National

Kalshi bars India users after govt bans prediction markets

Kalshi India United States

US-based prediction market platform Kalshi has added India to its list of restricted jurisdictions, weeks after the Indian government moved to block access to online prediction market websites and warned users against participating in such platforms.

An updated Kalshi member agreement dated June 17 states that users domiciled in, organized in, or located in India are prohibited from trading event contracts on the platform. India now appears among the jurisdictions classified as "Restricted Jurisdictions" under the company's trading rules.

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