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Kalshi adds pre-trade screening and user reporting for insider trading

Regulation

Kalshi is introducing screening intended to block certain users from trading on related prediction markets before transactions occur, according to the report. Political figures will be barred from betting on their own elections, while people involved in sports competitions, including athletes and officials, will be barred from related markets. Kalshi is also adding a feature for users to report suspected violations.

The controls change how Kalshi monitors and restricts participation in its US prediction markets.

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Regulation

US officials scrutinise prediction markets over insider-trading concerns

US lawmakers from both parties questioned the head of a federal regulator about prediction markets at a hearing, as state and federal scrutiny grew. Polymarket halted a market on the timing of a US airman’s rescue after Rep. Seth Moulton objected, saying it did not meet the platform’s integrity standards. The White House also warned staff against trading on such markets with private information.

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