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Polymarket pushes Europe to classify bets as financial products

📡 Financial Times 3d ago · 1 min read ·
Part of composite article Climate Bets Explode Into $1.1 Billion Industry as New York Sues Polymarket View full article →
US prediction market platform Polymarket is asking European regulators to treat its bets as financial products. The company wants to be regulated as a financial services firm. This would replace the current mix of gambling laws across Europe.