UK regulator weighs easing financial prediction market ban: Times
60-second summary
The FCA is reportedly meeting with trading platforms to discuss loosening the United Kingdom’s ban on financial prediction markets, as British users increasingly turn to services such as Polymarket and Kalshi, while the regulator’s official stance still endorses the prohibition; any relaxation could legitimize these platforms, potentially expanding market liquidity and attracting institutional participation.
The FCA reportedly held talks with trading platforms as Britons turn to Polymarket and Kalshi, though its public position still supports the ban.