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Aug 27

Are Prediction Markets & Crypto Derivatives Banned in India Now?

Because of the recent ban on Indian real money gaming or “RMG” platforms, liquidity in search of asymmetric risk/reward and some excitement should slowly flow into alternatives: small cap equity, crypto spot (including memecoins), crypto derivatives, and prediction markets. But does India’s recent “online gaming law” also ban prediction markets? Does it ban crypto derivatives? There is definitely something to discuss here since Probo, an Indian prediction market, has suspended activity in res...

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