ESMA warns many prediction market event contracts already face EU retail ban
Covered by 6 sources · 6 articles
6 outlets - including Bitcoin, Bitcoinworld and Crypto and 3 more - are covering this story. On July 3, ESMA issued a statement warning that some event contracts resembling binary options could fall under current derivatives regulation. The regulator stressed that firms offering these instruments should assess whether these contrac…
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ESMA Warns Prediction Market Platforms Could Face Strict EU Financial Regulations
On July 3, ESMA issued a statement warning that some event contracts resembling binary options could fall under current derivatives regulation. The regulator stressed that firms offering these instruments should assess whether these contrac…
ESMA Warns Prediction Market Contracts May Face EU-Wide Ban
BitcoinWorld ESMA Warns Prediction Market Contracts May Face EU-Wide Ban The European Securities and Markets Authority (ESMA) has issued a formal warning that certain prediction market contracts could be subject to prohibition across the Eu…
ESMA warns Polymarket over EU rules that could trigger retail ban
Europe’s securities regulator has warned that prediction market contracts offered in the European Union could already fall under existing financial rules, potentially triggering a long-standing retail ban on binary options. According to the…
ESMA Warns Event Contracts May Fall Under EU Binary Options Ban
Europe's securities regulator says firms must assess whether event contracts qualify as financial instruments, as many binary-style products may be barred for retail investors.
ESMA warns prediction market contracts face EU retail ban
The EU retail ban on prediction markets could stifle innovation and limit market access, impacting growth and investment in the sector.
ESMA warns many prediction market event contracts already face EU retail ban
The European regulator said companies cannot circumvent EU financial rules by marketing binary-style products as event contracts rather than derivatives.