ESMA warns of insider trading and manipulation risks in prediction markets
Polymarket and Kalshi’s European expansion accompanies ESMA calls for monitoring insider trading, manipulation and potential retail harm.
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Polymarket and Kalshi’s European expansion accompanies ESMA calls for monitoring insider trading, manipulation and potential retail harm.
ESMA’s call for continued monitoring signals regulatory scrutiny for prediction market platforms serving retail traders.
ESMA’s report highlights blurred boundaries between financial instruments, prediction markets and gambling, explicitly naming Polymarket and Kalshi.