UK FCA Considers Relaxing Ban on Financial Prediction Markets

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The UK's Financial Conduct Authority (FCA) is reportedly weighing a potential easing of its ban on financial prediction markets. The regulator is said to have held discussions with trading platforms about the possibility. This comes as growing numbers of British users are turning to offshore platforms such as Polymarket and Kalshi to place event-driven bets. Despite the reported talks, the FCA's official public stance continues to support maintaining the existing ban.

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