Crypto
Prediction markets speed push into Asia\'s biggest economies as gambling rules prove hurdle
Prediction market platforms are accelerating expansion into major Asian countries, but unclear legal definitions and strict gambling regulations are hampering growth, Cointelegraph reported. Asia is becoming a significant market because of its size, active retail investor participation and limited local alternatives despite regulatory risk. The trend resembles the early days of cryptocurrencies. Polymarket has surpassed $1 billion in weekly volume and added Chinese-language support, while new platform PredicXion is targeting local events.