The UK Financial Conduct Authority (FCA) is in discussions with trading platforms about the possibility of easing the ban on prediction market services for individual investors, as reported last week by The Times.
Prediction markets allow users to bet on future events such as politics, economics, sports, and weather with a simple 'yes or no' option. Notable platforms include the US-based Kalshi and Polymarket.
The FCA is considering regulatory relaxations for financial-related and certain weather-linked ...
