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ASIC questions whether retail prediction markets serve the public interest in Australia, GC Authority reports
- ASIC questions whether retail prediction markets serve the public interest in Australia, GC Authority reports — Australia's securities regulator said many prediction market contracts carry binary, all-or-nothing payouts tied to non-traditional outcomes, and noted that as of August 3, 2026 no prediction market operator holds an Australian financial market licence. Kalshi already classifies Australia as a restricted jurisdiction, while the ACMA has blocked access to Polymarket. (GC Authority)
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