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Finance· Banking

UK financial watchdog weighs lifting prediction markets ban: Report

The UK's Financial Conduct Authority is reportedly considering whether to lift its longstanding ban on prediction markets for retail investors, a restriction that has been in place since 2019. The potential relaxation comes as UK-based traders have increasingly used VPNs to access platforms like Polymarket and Kalshi, while regulatory challenges to these services continue in the United States.

about 11 hours ago

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