Malta is drafting a standalone regulatory framework for prediction markets outside existing financial services and gambling law, aiming to become the first EU member state with bespoke rules for the sector. Prime Minister Robert Abela announced plans to grant the Malta Gaming Authority licensing powers, while Economy Minister Silvio Schembri confirmed active development of the proposal. This mirrors Malta’s 2018 approach to crypto regulation before MiCA’s introduction.
Meanwhile, Blockchain.com integrated Polymarket into its brokerage app via API, joining a distribution trend where established platforms add prediction markets alongside traditional offerings. Robinhood and Interactive Brokers have made similar moves through Kalshi and proprietary contracts.
Jump Trading has doubled its prediction markets team this year, recruiting beyond traditional quant traders to include sports betting and accounting specialists. The expansion reflects prediction markets’ growth as an event-based trading segment where historical data limitations require broader analytical approaches.
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FXnCO Insight
** Institutional infrastructure build-out and mainstream brokerage integration signal prediction markets are transitioning from legal uncertainty toward regulated, widely accessible trading products that could fragment liquidity across multiple platforms.
Source: Finance Magnates