Hong Kong warns prediction markets may count as illegal gambling

Infiniti Briefing
Hong Kong warns prediction markets may count as illegal gambling
Hong Kong's IFEC, under the SFC, said Polymarket and Kalshi could be illegal gambling, not investment products, with no SFC protection.
#HongKong #Regulation #Kalshi #Polymarket #PredictionMarkets
Gadi Eizenkot be the next Prime Minister of Israel priced at 57.8% on Polymarket
Up 5.9 points on $3.8M traded.
#Israel #Politics #Polymarket #PredictionMarkets
Georgia Bulldogs win the 2027 CFP National Championship priced at 15.2% on Polymarket
Down 6.8 points on $139K traded.
#CFP #Georgia #Sports #Polymarket #PredictionMarkets
Markets: BTC 273.2M contracts | Gold 35.8M | WTI 11.1M | ETH 19.9M
web: Infiniti.w3ai.io
Infiniti Briefing
https://infiniti.w3ai.io/infiniti-feed
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to the publisher”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.