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Prediction markets like Polymarket face stringent regulation in Australia, with ASIC confirming it has not received any operational applications

2026-10-29 04:18:27
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BlockBeats news, October 29: According to Bloomberg, ASIC Chair Sarah Court stated during a parliamentary hearing that the agency has not yet received any applications from prediction market operators. Prediction market platforms such as Polymarket may face stringent regulation in Australia, and any licensing applications would undergo rigorous scrutiny.
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