Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps
Why now
Thesis: EU regulator scrutiny raises authorization risk for prediction markets.
Catalyst to watch: EU regulatory action or access rulings.
Main risk: Restricted EU access could curb sector growth.
Why it matters
EU regulator questioning prediction-market access raises authorization risk for event-contract platforms, a headwind for the sector.
Details
ESMA said that event contracts may fall under existing EU binary-options bans, crypto-asset frameworks like MiCA or national gambling laws.
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- coindesk · 2026-09-10 17:03 UTC