Kalshi, Polymarket Tighten Rules to Curb Insider Trading

TheNewsCrypto2026-03-24 tarihinde yayınlandı2026-03-24 tarihinde güncellendi

Özet

Kalshi and Polymarket, two major prediction market platforms, are implementing new rules to combat insider trading and market manipulation amid increasing regulatory scrutiny. Kalshi has introduced new screening tools to prevent individuals, including elected officials and those in sports (athletes, coaches, referees), from trading on events they are involved in. The platform is shifting from a reactive enforcement approach to a more proactive one and has added a feature for users to report suspicious activity directly. Similarly, Polymarket has updated its policies to explicitly prohibit trading on stolen information, illegal tips, and by individuals who can influence an event's outcome. It has also broadened its rules against market abuse like spoofing and wash trading. Both platforms are enhancing surveillance, aligning more closely with traditional financial market standards due to concerns about manipulation in prediction markets.

Prediction market platforms Kalshi and Polymarket have planned to launch new rules to curb insider trading and market manipulation as regulatory pressure from Capitol Hill boosts.

The March 23 blog post includes the statement of Kalshi, which mentions that it has rolled out new screening tools to block potential candidates from trading on their own elections, widening current restrictions that so far apply to elected officials.

The platform is also executing a new policy aiming at sports-aimed markets, leveraging screening lists advanced with integrity overlooking company IC360 to prevent athletes, coaches, referees, and other insiders from trading on events they are involved in.

While activities like these are so far restricted, Kalshi mentioned enforcement has widely been reactive, needing scrutiny after trades were placed. Kalshi also featured a prominent feature embedded directly into its trading interface, permitting users to report suspicious activity more swiftly.

Kalshi’s enforcement and legal counsel, Bobby DeNault, mentioned these rules have been in advancement for months to “proactively address” guidance from the Commodity Futures Trading Commission and a congressional proposal to avoid insider trading.

Polymarket’s Statement

At the same time, Polymarket mentioned on March 23 that it has upgraded its governing document over its decentralised platform as well as its CFTC-regulated U.S. exchange, rolling out clearer rules surrounding insider trading and enforcement.

To be specific, Polymarket highlighted three main categories of restricted conduct: trading on stolen confidential information, trading on illegal tips, and trading by individuals who can directly impact the result of an event.

It also widened limitations on wider forums of market abuse, comprising spoofing, wash trading, and front-running. As per the statement of March 23, Polymarket leverages multi-layered surveillance over its DeFi and U.S. platforms, amalgamating on-chain transparency and third-party monitoring to recognise breaches.

The updates show a wider industry push to line up more closely with traditional financial market standards, as policymakers raised concerns that prediction markets, specifically those associated with politics and sports, could be vulnerable to manipulation.

Highlighted Crypto News Today:

TRON DAO Expands AI Fund to $1B for Agentic Economy

İlgili Sorular

QWhat are the two prediction market platforms mentioned that are implementing new rules to curb insider trading?

AKalshi and Polymarket.

QWhat new tool has Kalshi rolled out to prevent potential candidates from trading on their own elections?

AKalshi has rolled out new screening tools to block potential candidates from trading on their own elections.

QAccording to the article, what are the three main categories of restricted conduct highlighted by Polymarket?

ATrading on stolen confidential information, trading on illegal tips, and trading by individuals who can directly impact the result of an event.

QWhat is the name of Kalshi's enforcement and legal counsel who commented on the new rules?

ABobby DeNault.

QWhat broader industry trend do the updates from Kalshi and Polymarket represent?

AThe updates show a wider industry push to align more closely with traditional financial market standards.

İlgili Okumalar

What’s Going On With The XDC Altcoin And Why Did It Just Surpass Bitcoin?

Crypto analyst X Finance Bull highlights that the XDC altcoin recently surpassed Bitcoin as the most-visited cryptocurrency on CoinMarketCap over seven days. He attributes this attention to its foundational purpose: digitizing the $2.5 trillion trade finance gap using a blockchain built for institutions. Key features include 2,000 TPS, 2-second finality, near-zero fees, KYC-verified masternodes, and ISO 20022 compliance. The network has notable adoption, including custody from BitGo, over $100 million in daily trade finance volume via Liqi, and partnerships like ComTech Gold's tokenized gold. With a market cap around $635 million and a price near $0.03, the pundit believes XDC remains significantly undervalued given its multi-trillion-dollar market potential.

bitcoinist53 dk önce

What’s Going On With The XDC Altcoin And Why Did It Just Surpass Bitcoin?

bitcoinist53 dk önce

BTC Market Pulse: Week 20

Bitcoin's price moved higher from the high-$77Ks into the low-$82Ks last week, with buyers absorbing pullbacks. Market indicators show bullish undertones but also signs of potential stabilization. Spot and futures data reveal strong bullish sentiment and increased speculative activity, though declining long-side funding suggests some waning bullish momentum. Options market activity points to neutral-to-bullish expectations but elevated pricing of future risk, indicating uncertainty. On-chain metrics strengthened, with increases in daily active addresses, transfer volume, and fees, signaling a more engaged network and higher activity. Profitability improved as the market moved back into profit, yet levels remain below those typically triggering heavy selling, suggesting optimism is measured. Overall, Bitcoin's market structure shows improvement with stronger on-chain activity and more stable holder positioning. However, softer capital inflows and cautious sentiment indicate the market remains sensitive to shifts in risk appetite.

insights.glassnode1 saat önce

insights.glassnode1 saat önce

IREN's Insanity: Selling Miners, Buying GPUs, Stock Price Up 16%

IREN, a Bitcoin mining company, saw its stock price surge 16% after releasing its quarterly earnings on May 8th. The surge was not driven by Bitcoin's price, but by the company's radical strategic shift away from cryptocurrency mining and towards AI infrastructure. The company reported a $140 million impairment charge after decommissioning and listing for sale 5,800 of its Bitmain S21 Pro mining rigs. It also maintains a policy of selling all mined Bitcoin daily, holding zero crypto assets. Despite this dismantling of its core business, investor sentiment was positive due to IREN's aggressive pivot into AI. This shift is backed by massive, long-term contracts. IREN announced a new 5-year, $3.4 billion collaboration with NVIDIA, which includes an equity investment commitment. This follows a previously secured 5-year, $9.7 billion GPU cloud services agreement with Microsoft. To support these deals, IREN acquired European data center capacity and cloud software capabilities. Management targets 480 megawatts of AI capacity, 150,000 GPUs, and $3.7 billion in annual recurring revenue by late 2026. While other North American miners are exploring hybrid "mining + AI" models, IREN is making a clean break, betting entirely on the booming demand for AI compute power. The move highlights a broader industry trend where the value of mining hardware is declining while GPU-based AI infrastructure is in critically short supply.

marsbit1 saat önce

IREN's Insanity: Selling Miners, Buying GPUs, Stock Price Up 16%

marsbit1 saat önce

Saylor Says Strategy’s Bitcoin Credit Model Is Not A Ponzi Scheme

Michael Saylor defended MicroStrategy's Bitcoin-backed credit model against criticisms that it resembles a Ponzi scheme, emphasizing the company monetizes Bitcoin's capital gains rather than relying on perpetual equity issuance. He clarified his famous "never sell your Bitcoin" stance, stating the more precise strategy is to never be a *net seller*. The company's recent announcement that it might sell Bitcoin to fund dividends on its STRC preferred instrument sparked debate. Saylor explained the core model: issuing credit to buy Bitcoin, expecting its long-term appreciation to exceed dividend costs, analogous to a real estate firm. He argued that even if Bitcoin is sold for dividends, ongoing credit issuance ensures the company remains a net buyer, especially if Bitcoin appreciates more than the dividend yield. Saylor dismissed critics like Peter Schiff, stating their objections stem from rejecting Bitcoin's legitimacy itself. He described STRC as overcollateralized "digital credit" designed to offer yield while mitigating volatility.

bitcoinist1 saat önce

Saylor Says Strategy’s Bitcoin Credit Model Is Not A Ponzi Scheme

bitcoinist1 saat önce

Dissecting Circle's Q1 Earnings Report: After the Interest Rate Dividend Ebbs, USDC Prepares for a Big Chess Game

Title: Circle Q1 2026 Earnings: Shifting Strategy as Interest Rate Windfall Subsides Circle reported its Q1 2026 financial results. While total revenue and reserve income of $694M slightly missed expectations, adjusted EBITDA grew 24% to $151M. A key trend is the decline in reserve income due to lower Federal Reserve interest rates, which Circle is countering by diversifying its revenue streams. Notably, non-interest "Other Revenue" hit a record $42M. USDC's circulation reached 77 billion, up 28% year-over-year, but its on-chain transaction volume surged 263% to $21.5 trillion, indicating significantly higher utilization in payments and DeFi. Financially, the core RLDC Margin improved to 41%, showing better cost control. However, operating expenses nearly doubled, partly due to post-IPO stock compensation costs. Looking ahead, Circle is expanding beyond being a simple stablecoin issuer. It highlighted the $222M presale for its Arc Network (valued at $3B) and launched new services like Managed Payments and the "Agent Stack" for AI-driven commerce. The company's strategy is evolving to position USDC as the foundational dollar network for the internet, targeting broader payment, enterprise, and AI agent economies.

marsbit2 saat önce

Dissecting Circle's Q1 Earnings Report: After the Interest Rate Dividend Ebbs, USDC Prepares for a Big Chess Game

marsbit2 saat önce

İşlemler

Spot

Futures