Kalshi plans to require users in certain markets to share information about their employers in its latest push to crack down on insider trading. The prediction market announced Tuesday that it has created a system to score markets based on the risk of insider trading and manipulation. Those with certain scores will require employment verification.…
Kalshi plans to require users in certain markets to share information about their employers in its latest push to crack down on insider trading. The prediction market announced Tuesday that it has created a system to score markets based on the risk of insider trading and manipulation. Those with certain scores will require employment verification.…
The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures Trading Commission’s (CFTC) proposal aims to specify what events the agency considers to be “contrary to the public interest” and would not be eligible for listing…
The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures Trading Commission’s (CFTC) proposal aims to specify what events the agency considers to be “contrary to the public interest” and would not be eligible for listing…
If Polymarket had opened betting on its platform being blocked in Spain, surely a high percentage of users would have put money on it happening sooner or later. The trickle of countries that have imposed restrictions on the popular application, which makes it possible to win money by guessing the winner of the World Cup — not to mention the declaration of war or the start of a pandemic — continues to grow. Argentina suspended its use in March, while Brazil did so in April, India last week, and Indonesia on Monday. These are but a few examples. Other bans, like those of France and Switzerland, have been around longer, with prohibition in effect since 2024.
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