FCA Considers Easing Ban on Prediction Markets
- The Financial Conduct Authority (FCA) is discussing loosening its ban on retail access to financial prediction markets.
- In October 2025, the FCA lifted its retail ban on crypto exchange traded notes (ETNs), allowing marketing with restrictions.
- Gibraltar’s Prediction Market Regulations took effect in July, creating a dedicated framework for event contracts.
The FCA’s discussions with trading platforms highlight potential changes in regulation due to consumer behavior and international precedents like Gibraltar’s new framework. The lifting of the crypto ETNs ban indicates a shift towards more flexible regulatory approaches.
The FCA is evaluating whether prediction market contracts should remain under the binary options ban, considering recent regulatory developments and consumer trends. (Source)