Europe’s Leading Regulator Scrutinizes Polymarket and Kalshi’s EU Market Entry, Highlights Potential Authorization Shortfalls
The European Securities and Markets Authority (ESMA), which serves as the continent’s principal securities regulator, has recently turned its attention to two prominent U.S.-based prediction‑market platforms, Polymarket and Kalshi, as they seek to expand their services into the European Union. The regulator’s preliminary assessment raises a series of complex legal questions about whether the prod…
Sept. 10, 2026, 5:03 p.m.