ESMA warns many prediction market event contracts already face EU retail ban
The European regulator said companies cannot circumvent EU financial rules by marketing binary-style products as event contracts rather than derivatives.
Overview

Details
The European regulator said companies cannot circumvent EU financial rules by marketing binary-style products as event contracts rather than derivatives.
Source
Originally published at cointelegraph.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
