Binance prediction markets offer Korean investors a bypass to banned banned services
Korean investors use overseas exchanges to access prediction markets. This access is provided by Binance Holdings Ltd., which is linking the prediction market platform Predict.fun to the Binance Wallet. Users can create prediction market-only accounts to bet on sports, economic indicators, global issues, and virtual asset prices. This shift comes as Korean virtual asset exchanges are barred from offering prediction markets and derivatives services. Korean nationals who participate in betting on prediction markets such as Polymarket are subject to fines up to 10 million won.
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