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ESMA Warns Prediction Market Platforms Could Face Strict EU Financial Regulations

Josh1 min read

European Commission Headquarters buildingOn 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 […]

Source: https://news.bitcoin.com/esma-warns-prediction-market-platforms-could-face-strict-eu-financial-regulations/

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