What’s in store for Canada as financial firms bet on prediction markets | Canadian Anti-Monopoly Project

THE GLOBE AND MAIL

Canadian investors are a step closer to being able to legally bet on real-world events – a controversial type of trading that regulators have long kept at arm’s length. With financial companies such as Wealthsimple Inc. obtaining regulatory approval, Canada is edging into new territory, raising questions about how prediction markets will be regulated and what‘s ahead for everyday investors.

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