# Political Betting Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Political Betting", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Polymarket Just Dropped Its Toughest Insider‑Trading Rules Yet – But Can They Really Calm DC?

Polymarket, the world's largest prediction market, has introduced stricter rules against insider trading and market manipulation. These updates explicitly ban trading on confidential information, illegal tips, and participation by individuals who can influence event outcomes, such as government officials or athletes. The move comes amid increased regulatory scrutiny, including a new bipartisan Senate bill targeting prediction markets. Competitor Kalshi also announced similar guardrails. Both platforms are strengthening compliance to address ethical concerns and regulatory pressures, which may lead to tighter KYC procedures and reduced tolerance for trading on non-public information.

bitcoinist03/24 14:47

Polymarket Just Dropped Its Toughest Insider‑Trading Rules Yet – But Can They Really Calm DC?

bitcoinist03/24 14:47

Bloomberg: Prediction Markets Are Gambling, and Congress Should Regulate Them

Bloomberg Opinion argues that prediction markets like Kalshi and Polymarket are effectively unregulated gambling operations that circumvent state-level betting regulations. These platforms, which allow users to bet on sports, politics, and other events, claim to be "event contract" markets regulated under the Commodity Exchange Act (CEA) rather than gambling businesses. This allows them to avoid age restrictions (serving users as young as 18), consumer protections, and licensing requirements that apply to traditional sportsbooks. With nearly 90% of Kalshi’s revenue coming from sports betting, the editorial warns of significant risks including addiction, debt, insider trading, and market manipulation—citing suspicious trading activity ahead of geopolitical events. It calls on Congress to amend the CEA to clearly distinguish legitimate prediction markets from gambling, enforce consistent consumer safeguards, and restrict political event betting. The piece urges regulatory action before further harm occurs.

marsbit03/05 06:28

Bloomberg: Prediction Markets Are Gambling, and Congress Should Regulate Them

marsbit03/05 06:28

CFTC Withdraws Proposed Ban on Sports and Political Prediction Markets

The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn its 2024 proposal to ban sports and political prediction markets. CFTC Chairman Michael S. Selig stated the agency will not proceed with final rules on the matter and will instead initiate new rulemaking based on a revised interpretation of the Commodity Exchange Act. The withdrawn proposal had sought to prohibit event contracts related to topics such as war, terrorism, and other outcomes deemed against public interest. The CFTC also repealed a 2025 staff advisory that had caused confusion. The new rulemaking aims to provide clearer guidelines, reduce regulatory uncertainty, and support innovation while reassessing the CFTC’s role in ongoing litigation regarding event contract jurisdiction. This shift signals a potential alignment of federal regulation with market practices amid ongoing tensions with state governments that often treat such contracts as unlicensed gambling.

TheNewsCrypto02/05 07:09

CFTC Withdraws Proposed Ban on Sports and Political Prediction Markets

TheNewsCrypto02/05 07:09

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