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Polymarket and Kalshi in UK talks as FCA confirms prediction market discussions, CCN reports
- Polymarket and Kalshi in UK talks as FCA confirms prediction market discussions, CCN reports — CCN reports the FCA has confirmed talks with Polymarket and Kalshi about a possible UK launch, as both platforms push back on a gambling label. In the UK the FCA regulates prediction markets involving financial or certain climatic events, while sports and political contracts fall under the Gambling Commission, which has said such businesses could require a betting intermediary license. (CCN)
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