Kalshi plans to completely ban sports figures and politicians from participating in related market transactions.

This article is machine translated
Show original

ChainCatcher reports that, according to Axios, the US prediction market platform Kalshi has announced an upgrade to its user access mechanism, proactively preventing athletes, coaches, officials, and other sports-related individuals from participating in trading related to their respective sports. It will also prohibit political candidates from trading in markets related to their campaigns. This move aims to address increasing regulatory pressure regarding insider trading.

Polymarket has also introduced new rules that strictly prohibit the use of non-public information.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments