Search results for binary options
Crypto
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.
Crypto
ESMA warns many prediction market event contracts may be banned for sale to EU retail investors
The European Securities and Markets Authority warned that many prediction market contracts may already fall under an EU ban on selling certain products to retail investors. ESMA said firms cannot avoid EU financial rules by marketing such products as “event contracts”. It reaffirmed that event contracts classed as financial instruments cannot be marketed, distributed or sold to retail investors under national rules implementing ESMA’s 2018 restrictions on binary options.
Crypto
Nasdaq files with U.S. SEC for prediction market-style binary options product
Nasdaq has filed with the U.S. Securities and Exchange Commission for approval to introduce a binary options product linked to the Nasdaq 100 index, The Block reported, citing Bloomberg on March 2. The filing includes a new contract type called an “outcome-linked option,” using both the Nasdaq 100 and a smaller micro version index as underlying assets. The structure resembles prediction markets such as Polymarket and Kalshi, but would be regulated by the SEC as a securities option.