Kalshi wants to know where you work

• Kalshi will now check its users’ employment status before allowing them to bet.
• This is the prediction market’s latest guardrail to weed out insider trading and bad actors.
• Prediction markets facing strong scrutiny by lawmakers in the country.

The US Commodity Futures Trading Commission, which regulates Kalshi and Polymarket, filed a lawsuit against Minnesota and Walz, arguing that Walz cannot criminalize the markets under state law.