Dutch users are still able to access crypto prediction markets despite a ban on industry leader Polymarket.
The platform was prohibited by the Dutch Gaming Authority (Ksa) in February for operating without a gambling license. However, an investigation by Dutch financial newspaper FD found that other platforms—including Kalshi, Hyperliquid, and Interactive Brokers—continue to offer prediction market services to users in the Netherlands.
The Ksa warned that its enforcement extends beyond Polymarket. “Websites similar to Polymarket also fall under our supervision and can therefore be sanctioned,” a spokesperson said.
According to the report, Kalshi appears to be actively targeting Dutch users, offering markets on Eredivisie football matches and previously enabling speculation on Dutch elections. Hyperliquid has also expanded its decentralized prediction market offerings in the country.
Meanwhile, Interactive Brokers positions its products as financial contracts rather than gambling, claiming regulatory oversight from Ireland’s central bank. However, the Central Bank of Ireland told FD it was unaware of such an arrangement and referred inquiries to the Irish gambling authority.
Prediction markets face global scrutiny
Prediction markets are increasingly under regulatory pressure worldwide. Brazil recently moved to shut down 27 platforms, including Kalshi and Polymarket. Several countries—including France, Italy, Singapore, Switzerland, and Poland—have also taken action against unauthorized operators.
Additionally, Hungary and Portugal have specifically targeted Polymarket, reflecting a broader crackdown on unlicensed prediction market platforms.
As reported, institutions are absorbing more than five times the daily mined supply of Bitcoin, underscoring strong demand from large players.
How high can Bitcoin price go?
Liquidity data shows BTC clearing sell-side pressure around $80,000, with significant bid orders still stacked between current levels and $84,600.
“Bitcoin is on a liquidity hunt,” said analyst AlphaBTC in a recent post.
The $84,000 level is particularly important as it aligns with a CME gap formed earlier in the year. A breakout above this resistance could open the door for further upside, with some analysts pointing to a potential move toward $92,000.
