[UK FCA Considering Easing Ban on Financial Prediction Markets] BlockBeats News, September 7, according to The Times, the UK Financial Conduct Authority (FCA) has been in discussions with multiple trading platforms about potentially easing the ban on financial prediction markets for retail investors, which has been in place since 2019. Previously, the FCA classified prediction contracts linked to financial and certain weather events as binary options and prohibited their sale to retail investors starting in 2019. However, as UK consumers increasingly turn to overseas platforms like Kalshi and Polymarket, the agency is now considering relaxing the restrictions, though its public stance still supports maintaining the ban. [Original Link]