UK regulator weighs easing financial prediction market ban: Times
The regulator is weighing whether speculative contracts should be judged by risk rather than product label as overseas platforms draw millions of U.K. users.
9 Articles
9 Articles
UK regulator weighs easing financial prediction market ban: Times
The FCA has discussions with trading platforms to assess possible flexibility in predictive markets, while British users access Kalshi and Polymarket via VPN. Increasing volumes and the division of competition between financial and betting regulators have made the ban in force since 2019 an increasingly visible dilemma.
Prediction markets look to UK as FCA reviews future of binary options
The Financial Conduct Authority (FCA) is poised to revisit whether consumers should have greater access to investments, potentially putting the UK ban on retail binary options back under the spotlight this September and clearing a route for prediction markets to launch. The ban was enforced in 2019, with the regulator citing concerns that retail investors […]
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