What's In a Name? ESMA Says Prediction Markets Are Still Binary Options
Covered by 3 sources · 3 articles
3 outlets - including Cointribune, Coincodecap and Financemagnates - are covering this story. You can't bet on the stock market in Europe without being labelled a nasty speculator. ESMA is dusting off its old 2018 rulebook. Prediction platforms have been put on notice. L’article ESMA warns prediction markets are binary options in di…
All coverage
ESMA warns prediction markets are binary options in disguise, banned for retail investors since 2018
You can't bet on the stock market in Europe without being labelled a nasty speculator. ESMA is dusting off its old 2018 rulebook. Prediction platforms have been put on notice. L’article ESMA warns prediction markets are binary options in di…
ESMA puts Prediction Market operators on notice over binary options rules
Europe’s top financial markets regulator has fired a warning shot at the prediction market industry, telling firms that rebranding a product as an “event contract” does not automatically place it outside the reach of existing EU financial r…
What's In a Name? ESMA Says Prediction Markets Are Still Binary Options
The European Securities and Markets Authority (ESMA) issued a public statement on 3 July reminding firms that products marketed as "event contracts" may still be subject to the bloc's long-standing prohibition on binary options for retail c…