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Prediction markets land on ESMA radar over insider trading, authorization questions - Cryptopolitan

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European Securities and Markets Authority questions Polymarket and Kalshi's EU access

ESMA warned that major prediction markets Polymarket and Kalshi lack required authorization to serve EU users, stating several countries are investigating their operations and raising insider trading concerns.

Sep 10, 2026·4 sourcesPrediction marketsCrypto regulationCrypto market integrity & manipulationEuropean UnionEU digital regulationCrypto enforcement actions
European Securities and Markets Authority questions Polymarket and Kalshi's EU access
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Other sources for this story

Crypto Briefing

Europe's top regulator questions Polymarket, Kalshi's EU access

Financial Times

Prediction markets ‘rife with insider trading’, warns EU watchdog

CoinDesk

Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps