Polymarket Pushes for Financial Services Status in Europe and UK
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4 Articles
Polymarket seeks UK and EU financial recognition
Polymarket is currently negotiating with regulators in the UK and EU about the distinction of whether its prediction markets should be regarded as financial services instead of gambling. The objective of Polymarket is to obtain the regulations that deem its event contracts as financial products like CFTC in the USA. The company has been subjected […]
Gambling regulations would probably need to be relaxed in order for Polymarket, which bills itself as a prediction market rather than a betting shop, to operate in the European Union and the United Kingdom.
Polymarket pushes for financial services status in Europe and UK
Polymarket is lobbying regulators in Europe and the UK to be regulated as a financial services firm rather than a gambling company, as it seeks to expand internationally. The New York-based company has been meeting regulators in London, Brussels, and across the EU to argue that its contracts should fall under financial services rules rather than country-specific gambling laws, according to people...
The forecast market platform Polymarket launched a lobby offensive to convince European and British regulators that it should be treated as a financial services company, not a betting company, which would pave the way for its international expansion. Read more (09/22/2026
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