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Prediction Markets Traded Nearly $460M on Mexico-England as World Cup Odds Swung From Red Card to Certainty

Key Takeaways Kalshi traded about $402M and Polymarket $57.7M on Mexico-England. England’s win probability swung sharply on Jarell Quansah’s 54th-minute red card before recovering. A separate $1M Nevada sportsbook bet on Mexico to advance was lost as England held on to win 3-2. How the market moved with the match Trading on the Mexico-England round-of-16…

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Luis Buenaventura: If We’re Going to Let Binance In, We Should Let All Global Cexs Too

#CryptoPH thought leader Luis Buenaventura stated that if the regulatory framework permits global digital asset exchange Binance to operate in the Philippines, the domestic market should be opened to all international centralized exchanges. Key Details I’ve been thinking a lot about Wei’s posts from earlier this week and the controversy about Binance’s return. Let’s review…

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Interactive Brokers Platform Reportedly Accessible Again Without VPN in the Philippines

Philippine retail investors reported that the international online trading platform Interactive Brokers (IBKR) is once again accessible without a virtual private network (VPN) across major domestic internet service providers (ISPs). The development follows months of access restrictions implemented by local telecommunications companies under regulatory directives. Users Report Restored Access According to online discussions on the…

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ESMA Warns Prediction Market Platforms Could Face Strict EU Financial Regulations

Key Takeaways ESMA warned prediction contracts may act as binary options, forcing platforms to seek MiFID II approval. Regulators declared event contract labels irrelevant, subjecting them to national market protection rules. European law experts urged firms to analyze products case-by-case to guarantee regulatory compliance. Europe Puts Its Sights on Binary Options-Like Event Markets The European…

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