According to Foresight, Asia's prediction markets remain in a regulatory gray zone, with a comprehensive framework wholly absent. The West already has a path, but Asia neither recognizes them as derivatives nor as gambling.
According to Foresight, Asia’s prediction markets are still trapped in a regulatory gray zone, with no clear framework in place. The West has already found a way forward. But in Asia, jurisdictions neither recognize these markets as derivatives nor treat them as gambling.
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