Taiwan Restricts Access to Crypto Platforms
Taiwan has moved to block access to both Coinbase and Kalshi, acting on a court order obtained by police investigating potential illegal election betting. The action comes roughly six weeks before the island’s local elections scheduled for November 28th.
While Kalshi’s user agreement already prohibits participation from Taiwanese residents, the platform continued to list markets related to the upcoming races. This prompted the legal intervention. The specific details of the court order were not immediately disclosed, but it effectively restricts Taiwanese users from accessing both platforms.
Coinbase’s website is now inaccessible within Taiwan as a result of the order. The move highlights increasing regulatory scrutiny of cryptocurrency platforms offering services that could be construed as gambling or related to political events. It remains to be seen how this will impact other crypto exchanges operating in the region.
Market context
Market data reflects conditions at publication time and is not updated in real time.
Data captured at: Oct 16, 2026 22:04 (Tehran)
Likely market impact
| Segment | Outlook |
|---|---|
| Bitcoin | ● Neutral |
| Ethereum | ● Neutral |
| Altcoins | ▼ Negative |
| Short term | ● Neutral |
| Long term | ● Neutral |
Spot prices at publication
Fear & Greed Index
Source: Bitcoin.com News