Regulation· ★★★· neutral·

Warren, Curtis Press Kalshi and Polymarket on Election Trading Safeguards

  • —Senators set a Nov. 3 deadline for the platforms' responses
  • —They asked how many suspected election-trading violations were blocked pre-trade
  • —The request targets prediction markets Kalshi and Polymarket
Why it matters: Congressional scrutiny could lead to new restrictions on prediction markets, which are already battling state regulators in court.
Source: The Defiant