Prediction markets are testing legal limits in strict Asian markets

Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go.

Prediction markets are pushing into Asia’s largest economies, even as local gambling laws place strict limits on betting activities.

Asia represents a combination of scale, active retail participation and limited local alternatives, making it too large to ignore despite regulatory risks.

That’s a similar pattern seen in crypto, where technology moved faster than regulation and licensing frameworks, prompting exchanges to enter markets before clear rules were in place. 

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