FCA Eyes Easing Retail Ban for Prediction Markets Amid Arbitrum Banning Controversy
The UK's Financial Conduct Authority (FCA) is considering easing its ban on retail investment in financial prediction markets, according to recent talks.
This move follows a series of regulatory developments in the crypto space. The FCA has been weighing options for allowing individual investors to participate in these markets, which have been restricted since 2010.
In related news, Arbitrum's Watchdog Committee proposed permanent program bans for three projects: Good Entry, Limitless, and APX Finance. These projects would be excluded from future DAO programs unless they meet certain requirements.