BlockBeats News, September 7 - According to The Times, the UK Financial Conduct Authority (FCA) has held discussions with multiple trading platforms regarding a potential easing of the ban on financial prediction markets for retail investors, which has been in place since 2019.The FCA previously classified prediction contracts linked to financial and certain weather events as binary options, prohibiting their sale to retail investors since 2019. However, as UK consumers increasingly turn to overseas platforms such as Kalshi and Polymarket, the regulator is considering relaxing these restrictions, though its public stance still supports maintaining the ban.
