Gibraltar Launches the World’s First Dedicated Prediction-Market Regulatory Regime

Gibraltar Becomes First Jurisdiction to Build a Dedicated Prediction Markets Rulebook

Gibraltar just did something no other jurisdiction has done. The British Overseas Territory enacted what it calls the world’s first… Read the original on Gibraltar Becomes First Jurisdiction to Build a Dedicated Prediction Markets Rulebook. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Gibraltar Launches the World’s First Dedicated Prediction-Market Regulatory Regime

Gibraltar has become the first jurisdiction anywhere to enact a purpose-built regulatory framework for prediction markets, carving the fast-growing sector out of its general gambling law. The move sets the British Overseas Territory sharply apart from mainland Europe, where...

Gibraltar first introduced framework for prediction markets

Gibraltar has become the first jurisdiction in the world to implement a regulatory framework for prediction markets, an achievement that marks a significant step forward in the rapid expansion of this sector. The announcement was made by Nigel Feetham KC MP, Gibraltar’s Minister of Justice, Trade, and Industry, who called this decision the fulfillment of the promise made at the beginning of the year to make Gibraltar the world’s center for predi…

Gibraltar makes history with exclusive predictions market regulatory regime

Gibraltar will become first jurisdiction in the world to launch a regulatory regime solely covering the prediction markets sector. The British Overseas Territory has already licensed two prediction platforms, ADI Predictstreet and Wire Markets, the former under a betting intermediary licence while the latter has been ‘approved in principle’. These two companies will now be regulated under Gibraltar’s new predictions regime and the licence this i…