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Kalshi adds required employment verification for some prediction market bets

The CFTC is proposing its first regulation for prediction markets to evaluate contracts related to terrorism, war, and other sensitive topics. Kalshi, a prediction market platform, has implemented employment verification for certain bets to prevent insider trading, as authorities crack down on illegal market activities. This reflects growing regulatory scrutiny of prediction markets and their potential for abuse.

Background

Prediction markets allow people to bet on the outcome of future events, but have faced scrutiny over potential for insider trading and illegal activities. The CFTC oversees these markets in the US.

Source
The Verge
Published
Jun 11, 2026 at 04:18 AM
Score
6.0 / 10