The Block(@TheBlockCo):THE BLOCK: ASIC Chair Sarah Court said the Australian regulator is not convinced prediction markets for retail clients are in the public interest. The Australian securities watchdog cited gambling-like contract structures, market manipulation risks, and the potential misuse of confidential information.

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The Block@TheBlockCo

2026.10.30 07:02

THE BLOCK: ASIC Chair Sarah Court said the Australian regulator is not convinced prediction markets for retail clients are in the public interest. The Australian securities watchdog cited gambling-like contract structures, market manipulation risks, and the potential misuse of confidential information.