Louisiana court blocks Kalshi, Polymarket and others from local access

A Louisiana court has issued a temporary restraining order barring Kalshi, Polymarket’s U.S. entity, Robinhood and Coinbase, among other prediction-market-related firms, from providing services to local users without state authorization, Bitcoin.com reported. The court also barred them from offering event contracts tied to sports, elections and other events, and ordered restrictions blocking Louisiana users’ access to the services. The order will expire 10 days after it was issued unless extended separately. A preliminary injunction hearing is scheduled for Nov. 30.