Markets IN Crypto Assets

Fraudsters are exploiting the European Union’s MiCA transition by impersonating regulators and licensed crypto exchanges. With millions of users being pushed away from unlicensed platforms, officials are warning investors to verify providers before moving funds.

European regulators have warned that some yes-or-no prediction-market contracts may be prohibited for retail clients when they qualify as financial instruments. The move raises compliance pressure on fast-growing event-contract platforms operating across crypto and traditional finance.