ESMA Says EU Retail Ban Covers Many Prediction Markets, With MiCA Awaiting the Tokenized Ones

Europe’s top securities regulator has clarified that many prediction-market event contracts already fall under the EU’s existing retail ban on binary options – meaning the restriction is live law, not a proposed rule – while contracts issued as blockchain tokens may instead be caught by the bloc’s crypto framework. The statement leaves platforms such as […]

Source: https://news.bitcoin.com/esma-says-eu-retail-ban-covers-many-prediction-markets-with-mica-awaiting-the-tokenized-ones/