MiCA Will Shape the Future of Prediction Markets in Europe
How Europe's crypto regulations will reshape prediction markets.
1MiCA's Scope Expands
The European Commission is considering including prediction markets within the scope of MiCA, a move that could be a turning point for the industry.
2MiCA or MiFID II?
Whether prediction markets fall under MiCA or MiFID II will determine the future of the sector. MiCA offers flexibility, while MiFID II imposes strict rules.
3Europe's Stance
Europe has taken a hard line against prediction markets. Countries like Portugal and Spain have moved to block and sanction these platforms.
4Comparison with the US
While the US adopts a more constructive approach to prediction markets, Europe is limiting the sector with stringent regulations, creating a significant divide.
5Industry's Response
Industry representatives are questioning whether MiCA is suitable for prediction markets. Silence could be interpreted as consent.
6The Moment of Truth
After September 2026, the future of prediction markets in Europe will become clear. This period is critical for the industry.