UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail
4 Articles
4 Articles
Revelation comes amid mounting concern over online prevention market的s effects on integrity of financial system
Polymarket raises new concerns in the UK. The platform of predictive markets records nearly $77,500 in stakes on the bankruptcy of large banks, including HSBC and Lloyds. Faced with the risk of bank manipulation and panic, a British MP calls for intervention by regulators. Polymarket, for its part, defends the utility of these markets. L'article Polymarket : The bets on bank bankruptcy make London react first appeared on Cointribune.
UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail
Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system UK authorities are being urged to intervene after it emerged that the online prediction market Polymarket has been taking thousands of dollars worth of bets over whether HSBC and Lloyds…
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