Kalshi adds required employment verification for some prediction market bets

The US Commodity Futures Trading Commission is considering its first regulation for prediction markets, which would establish a framework for evaluating contracts involving activities such as terrorism or unlawful conduct. This comes as arrests related to "insider trading" on prediction markets continue to rise, covering topics like military operations and Google Search data. Kalshi, a prediction market platform, has added required employment verification for certain bets, amid increased scrutiny of the industry. The proposed regulation aims to determine whether contracts are contrary to the public interest and involve unlawful activities.

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