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欧盟America. PREDICTION MARKETS BOOM, EUROPE HAS NONE The prediction market boom has been a America. story so far. NO major platform runs a licensed European operation. Kalshi and Crypto .com operate under CFTC oversight, Polymarket serves global users from offshore. Now ESMA, the EU’s financial markets watchdog, just RAISED the bar, warning that event contracts may fall under Europe’s retail ban on binary options.

