Kalshi, a prominent prediction market platform, has announced a new policy to prevent athletes, coaches, and political candidates from trading on their own markets. This preemptive measure aims to curb potential insider trading activities before they occur, rather than addressing them post-factum. The decision comes amid increasing scrutiny and regulatory pressure on prediction markets, particularly concerning insider trading and state-level regulatory challenges.
Kalshi Prohibits Insider Trading by Athletes and Politicians
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