First reported by Cointelegraph
ESMA warns many prediction market event contracts already face EU retail ban
ESMA Warns Prediction Market Platforms Could Face Strict EU Financial Regulations
By
Sergio Goschenko
12h ago
Source
news.bitcoin.comESMA Warns Prediction Market Platforms Could Face Strict EU Financial Regulationsbitcoin.comOn 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 contracts fall under this classification to comply with regulatory requirements. Europe Puts Its Sights on Binary Options-Like Event Markets The European Securities […]
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