Prediction markets credit risk arises as platforms like Polymarket and Kalshi expand, potentially leading to increased consumer debt and bad loans. Bank of America analysts highlight how easy access and gamified interfaces encourage impulsive wagers, mirroring gambling risks and impacting financial stability for retail users. Bank of America warns of rising credit risks from prediction […]
Source: https://en.coinotag.com/bank-of-america-warns-polymarket-expansion-may-heighten-consumer-debt-risks
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