Prediction Markets Tighten Rules Amid Insider Trading Concerns
Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Prediction market platforms Polymarket and Kalshi implement new rules to combat insider trading, amidst growing pressure from U.S. senators. Kalshi bans political candidates and athletes from betting, while Polymarket prohibits bets with confidential info. Lawmakers introduce the Prediction Markets are Gambling Act, but critics argue for stricter federal oversight to prevent addiction and manipulation.
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