What is the "Prediction Market"? PASA unveils the emerging business of "Prediction Market Betting"

In today's increasingly integrated world of gambling and finance, a new concept is quietly emerging—Prediction Market Betting.It is not traditional sports betting, nor is it typical stock or futures trading, but a form of "knowledge competition" based on the outcomes of events, gradually reshaping p

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Will the cryptocurrency perpetual contract business constitute the crime of opening a casino in China?

What is a "Perpetual Contract"?Just as the concept of ICO originated from IPO, perpetual contracts are not an original creation of the cryptocurrency world; they are derived from a traditional investment tool/financial derivative commonly seen in the capital market—futures contracts.In the tradition

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