Europe’s leading regulator scrutinizes Polymarket and Kalshi’s EU market entry, cites authorization shortcomings
The European Securities and Markets Authority (ESMA) has recently turned its attention to two prominent U.S.-based prediction‑market platforms, Polymarket and Kalshi, raising serious questions about their ability to operate legally within the European Union. The regulator’s concerns stem from a complex web of existing rules that govern financial products, crypto‑assets, and gambling activities, c…
Sept. 10, 2026, 5:03 p.m.