Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

An aspiring prediction market provider argues that sports betting should be regulated as a financial product rather than as gambling. The company believes this shift in classification would allow for better oversight and consumer protection. They emphasize that sports betting shares similarities with financial markets, including risk assessment and investment strategies. The proposal aims to create a more structured environment for participants, potentially leading to increased legitimacy and safety in the industry.

Read the full article: CoinDesk

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