PolicyBetaKitabout 2 hours ago
Canada Tightens Rules on Political Bets
6 min read
Canada's investment watchdog tightened rules last week, preventing clients from trading on unavailable political markets and banning brokers from advertising them. This move follows concerns that over $600,000 USD was wagered on Toronto's mayoral race via foreign platforms like Polymarket and Kalshi, bypassing local restrictions.
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