European Union
Gambling market · regulation and business
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- ESMA warns VPNs can bypass Polymarket and Kalshi location blocks in the EU
ESMA’s trends, risks and vulnerabilities report, published on 10 September, says users in the EU can access prediction-market services through VPNs despite geographic restrictions. The report says these contracts may fall under financial, cryptoasset or national gambling rules, depending on their terms, and that major platforms generally lack the required EU authorisation.
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