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Polymarket and Kalshi in talks with UK FCA over possible launch as regulators split oversight between FCA and Gambling Commission, CCN reports
- Polymarket and Kalshi in talks with UK FCA over possible launch as regulators split oversight between FCA and Gambling Commission, CCN reports — CCN reported the UK Financial Conduct Authority has confirmed talks with Polymarket and Kalshi over a possible UK launch, with financial and climatic contracts falling under the FCA and sports and political contracts under the Gambling Commission. The report said a platform would likely need a betting intermediary licence for non-financial contracts and a lifted ban for financial contracts to offer an all-in-one service. (CCN)
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