Polymarket reportedly pushes for financial regulation instead of gambling rules in Europe
Engadget reports that Polymarket, which lets people bet on event outcomes, is telling regulators it is not for gambling.
TLDR
Polymarket is lobbying regulators in London, Brussels and across the EU to be governed by financial services laws rather than local gambling rules, according to a Financial Times report shared by Techmeme. Engadget reports that the betting platform is telling regulators it is not for gambling.
Polymarket reportedly pushes for financial regulation instead of gambling rules in Europe
Engadget reports that Polymarket, which lets people bet on event outcomes, is telling regulators it is not for gambling.