Image: Atlantic CouncilWhat the US can learn from Europe on prediction markets—and vice versa - Atlantic Council
• The Atlantic Council explores how the U.S. Congress can utilize Europe's regulatory approach to binary options as a template for shaping new prediction market rules. • Most EU and European Economic Area nations have banned retail binary options following a temporary determination by the European Securities and Markets Authority (ESMA). • Switzerland remains the only OECD nation in Europe that still allows retail binary options trading, though its financial authority warns against platforms promising quick profits.
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