"Kalshi is launching new technological guardrails that preemptively block politicians, athletes, and other relevant people from trading in certain politics and sports markets."
"The updated system follows months of collecting and developing screening lists for both collegiate and professional sports leagues, ensuring known athletes, officials, and employees are blocked from trading."
Kalshi is tightening restrictions on who can trade in its prediction markets to prevent insider trading. New technological guardrails will block politicians, athletes, and others from trading in specific political and sports markets. The platform will preemptively block political candidates from trading on their own campaigns and already restricts elected officials. Additionally, individuals involved in college and professional sports will be blocked from trading in markets related to their leagues. This initiative follows months of developing screening lists in collaboration with an integrity-monitoring firm.
Read at ReadWrite
Unable to calculate read time
Collection
[
|
...
]