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Crypto· Crypto Regulation

EU Regulator Says Prediction Markets Are 'Rife With Inside Trading'

The European Securities and Markets Authority flagged prediction markets in its latest risk monitor, warning of insider trading, manipulation and consumer harm and dedicating a standalone chapter to the sector. ESMA also questioned why platforms such as Kalshi and Polymarket block users from some EU countries but not others and noted that VPNs can bypass those restrictions.

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