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ASIC’s binary options ban: Will prediction markets face similar scrutiny?

The Cryptonomist·October 29, 2026·1 min read
ASIC’s binary options ban: Will prediction markets face similar scrutiny?

ASIC's binary options ban, effective May 3, 2021, serves as a comparison for how Australia's regulator would assess prediction markets. Chair Sarah Court told a parliamentary hearing that ASIC received no applications from prediction market operators, but would scrutinize any similarly.

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