ESMA says major prediction platforms lack EU authorization, questions Polymarket and Kalshi’s partial geo-blocks

Crypto Insight Summary: ESMA says major prediction platforms lack EU authorization, while questioning Polymarket and Kalshi's geographic restrictions. Crypto Insight Analysis: Direction: Bearish GT / Neutral ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory scrutiny on prediction markets may reduce trading volumes on platforms like Polymarket.