EU watchdog warns prediction markets face insider trading risks
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The European Securities and Markets Authority (ESMA) has warned that fast-growing prediction markets such as Polymarket and Kalshi pose investor protection and market integrity risks, highlighting a regulatory divide with the United States. In its latest twice-yearly risk report, ESMA said predicti…
The European Securities and Markets Authority (ESMA) has warned that fast-growing prediction markets such as Polymarket and Kalshi pose investor protection and market integrity risks, highlighting a regulatory divide with the United States. In its latest twice-yearly risk report, ESMA said prediction markets raised “a range of investor protection and market integrity concerns” and required “continued...