Prediction markets create forum for trading on non-public information

Government

April 16 (UPI) -- The rise in prediction markets and an email to White House staff have lawmakers weighing how to regulate them and prevent government officials from trading on nonpublic information. Newer platforms Kalshi and Polymarket have expanded the popularity of prediction markets, offering trades on everything from weather and sports to politics, policy and war. Unusual betting activity has raised alarms about government employees using non-public information to enrich themselves on

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