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UK regulator weighs easing financial prediction market ban: Times
The regulator is weighing whether speculative contracts should be judged by risk rather than product label as overseas platforms draw millions of U.K. users.
The FCA has discussions with trading platforms to assess possible flexibility in predictive markets, while British users access Kalshi and Polymarket via VPN. Increasing volumes and the division of competition between financial and betting regulators have made the ban in force since 2019 an increasingly visible dilemma.