"Kalshi is fully regulated by the federal government, overseen by the Commodity Futures Trading Commission, which governs derivatives markets in the U.S."
"Polymarket operates mostly unregulated, with its international platform run by an entity based in Panama, despite having offices in New York."
"Polymarket is rolling out a CFTC-regulated platform for American users called Polymarket US, which is currently invite-only and features only sports contracts."
"The regulatory differences between Kalshi and Polymarket have significant implications for users, particularly regarding legal trading options for Americans."
Kalshi and Polymarket are the two leading prediction markets, each with distinct operational frameworks. Kalshi is fully regulated by the Commodity Futures Trading Commission, allowing legal trading for Americans. In contrast, Polymarket primarily operates an unregulated international platform, with a new CFTC-regulated version for U.S. users currently in invite-only status. Both platforms have gained popularity through partnerships and marketing strategies, but their regulatory status significantly impacts user experience and trading opportunities.
Read at www.businessinsider.com
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