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UK considers allowing retail investors access to Polymarket and Kalshi after 7-year ban

Britain\'s Financial Conduct Authority is considering whether to ease restrictions that have limited retail investors\' use of prediction markets, reports said. The review involves discussion over whether to relax a ban on binary options for retail customers in place since 2019. Platforms under consideration include Polymarket and Kalshi, which offer binary-options-style contracts on outcomes of events such as sports, politics and weather. The FCA has not lifted the ban and is still at the review stage.