Jun 20, 2026 – 5.00amAustralians keen to play the prediction markets that have drawn millions of users across the United States are increasingly turning to cryptocurrency exchanges as a way to bypass a local ban on the popular online trading platforms.Prediction markets allow users to place bets on events, ranging from as trivial as the total number of missed penalties in the FIFA World Cup to whether Iran will agree to stop enriching uranium by the end of the month.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Australians turn to crypto exchanges to bypass prediction market ban
Small cryptocurrency exchanges offering popular trades are popping up quicker than local regulators can block them.
TL;DRAI
Australians circumvent prediction market ban via crypto exchanges as US platforms expand to millions of users. Illustrates demand beyond regulation and crypto's growing utility as compliance bypass for restricted financial services.
101 words~1 min read
