The Block (@TheBlockCo): THE BLOCK: ESMA says Polymarket and Kalshi lack the authorization generally required to market and sell event contracts in the EU.
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THE BLOCK: ESMA says Polymarket and Kalshi lack the authorization generally required to market and sell event contracts in the EU. The regulator said the platforms restrict users in some, but not all, EU countries and questioned the effectiveness of their geographic and VPN restrictions.