The European Securities and Markets Authority (ESMA), the EU’s securities regulator, said in a statement that many prediction market event contracts may already fall within the bloc’s existing ban on marketing binary options to retail investors. The regulator reminded firms they must assess whether… According to The Defiant, the european securities and markets authority (esma), the eu’s securities regulator, said in a statement that many prediction market event contracts may already fall within the bloc’s existing ban on marketing binary options to retail investors. the regulator reminded firms they must assess whether…. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.
