Malta is Considering Introducing Regulation for Prediction Markets

^{Pictured: Silvio Schembri, Malta’s Minister for the Economy}

Malta’s is examining the possibility of creating a legal framework to regulate prediction markets, Economy Minister Silvio Schembri said, as reported by Business Now.

Schembri said the government is “actively exploring” the segment. He described it as the next stage in the development of the digital economy and one that is growing rapidly worldwide. He added that prediction platforms have significant potential for innovation if supported by transparent and modern regulation. The remarks were made at the opening of a new office of crypto company Blockchain.com in Malta.

He also noted that Malta was among the first jurisdictions to regulate digital assets, introducing rules for blockchain technologies and cryptoassets as early as 2018, ahead of any pan-European framework. The country is also one of the most popular jurisdictions for licensing iGaming companies.

Schembri said that for prediction markets to develop, users must feel protected. This requires high standards of transparency and compliance with regulatory requirements.

If Malta introduces dedicated regulation for prediction platforms, it could become one of the first jurisdictions to establish a comprehensive legal framework for the segment. This reflects the rapid growth of the market: leading platforms Polymarket and Kalshi recorded a combined trading volume of more than $37 billion in 2025.

There is currently no unified regulatory framework for prediction markets in the European Union, while some countries have imposed restrictions or fully blocked access to such platforms.

Gambling Park previously reported that Liberia is seeking to position itself as an international hub for licensing prediction platforms.