Kalshi requires employment verification for some bets
Kalshi announced new employment verification requirements for certain contracts just as the CFTC released a proposal for prediction market oversight.
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9 sources grouped by AFBytes in Economy
AFBytes briefing
Changes in prediction market rules affect how Americans can participate in markets tied to elections and economic data.
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Kalshi announced new employment verification requirements for certain contracts just as the CFTC released a proposal for prediction market oversight.
Kalshi grew through individual traders and now targets institutional participation. The platform is redesigning contracts to meet regulatory and operational needs of larger firms. This shift could in…
A Google software engineer faces charges for allegedly using confidential company data to earn more than one million dollars trading on Polymarket. The case highlights enforcement in emerging predict…
Spanish authorities have blocked access to Polymarket and Kalshi while investigating their operations. U.S. states have pursued similar actions but federal regulators have taken a different stance.
Federal authorities arrested a Google employee accused of trading on Polymarket using confidential corporate information and realizing over $1 million in profits. The case highlights enforcement chal…
Polymarket launched a structured identity verification process for users amid increasing international regulatory scrutiny. The change is being implemented in phases.
A Google employee allegedly used internal information to profit from bets on an accused murderer via Polymarket. Federal charges include fraud and money laundering totaling $1.2 million in gains.
The White House is reviewing a CFTC proposal that would establish federal authority over prediction markets. The agency argues it holds exclusive regulatory jurisdiction rather than states.
Polymarket encountered back-to-back media scrutiny over insider trading allegations and flaws in its dispute resolution process.