Prediction platform Kalshi has updated its compliance policy, officially designating India as a restricted jurisdiction. This move bars residents from accessing the site, bringing the total number of blocked countries to 55.
The decision follows a period of heightened regulatory sensitivity in India. Earlier this year, domestic authorities issued stern warnings to virtual private network (VPN) services, demanding they cease enabling access to offshore platforms that operate outside local regulatory oversight.
Impact on Local Users
- Indian traders can no longer participate in event-based derivative markets on the platform.
- The move aligns with Kalshi's broader risk management strategy as it navigates evolving international financial regulations.
While Kalshi continues its aggressive expansion in authorized markets, the exclusion of India highlights the growing friction between borderless decentralized finance platforms and strict national digital policies.
