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Regulator warns Australians about 'highly speculative' prediction markets

The Australian Securities and Investments Commission (ASIC) says it is "not currently convinced" that prediction markets for retail clients are in the public interest, warning that people who access offshore platforms do not have legal protections.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Read the original at finextra.com →

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