The $43M Regulatory Gap in Asia’s Prediction Markets

As prediction markets scale globally, their legal treatment diverges sharply by region. The US and UK have absorbed them into existing derivatives and betting frameworks, while most of Asia lacks any comparable regulatory path, leaving billions in liquidity flowing offshore untaxed and unsupervised. This report by Tiger Research and Limitless examines why that institutional gap exists and what building a regulatory foundation for prediction markets in Asia would require.