Work on Capitol Hill? Your boss may want to ban you from betting on prediction markets

Tech Insider : Politics, Business, Crypto
Rep. Seth Moulton of Massachusetts
Rep. Seth Moulton of Massachusetts was the first member of Congress to announce a ban on staff trading on prediction markets.

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This billionaire is the odds-on favorite to become California's governor after Swalwell dropped out

Tech Insider : Politics, Business, Crypto
Tom Steyer
Both Kalshi and Polymarket give billionaire Tom Steyer a 55% chance of becoming the next governor of California.

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What bets are lawmakers and staffers making on prediction markets? They don't have to say.

Tech Insider : Politics, Business
Sens. Todd Young and Elissa Slotkin
A new bill from Sens. Todd Young and Elissa Slotkin would amend government ethics rules to require disclosure of trades made on prediction markets.

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The 4 biggest differences between Kalshi and Polymarket

Tech Insider : Business, Crypto, Sports
Kalshi and Polymarket logos
The two major prediction market platforms are often mentioned in the same breath. But there are some big differences between Kalshi and Polymarket.

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California's top lawyer explains why he hasn't sued Kalshi like Nevada and Arizona

Tech Insider : Business, Crypto, Sports
Rob Bonta, California's attorney general, wearing a suit and blue tie, holds his hand to his chin while seated at a table looking toward the camera
California Attorney General Rob Bonta

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A federal regulator said he's coming for insider traders in prediction markets

Tech Insider : Business, Crypto, Sports
A Kalshi advertisement on a bus shelter

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Here are the 7 ways lawmakers are trying to tackle the prediction market boom

Tech Insider : Politics, Business, Sports
Capitol dome
From banning lawmakers from using Polymarket and Kalshi, to getting rid of sports trades, to everything in between, lawmakers have a variety of proposals for prediction markets.

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'Informed' traders on Polymarket netted $143 million in 'anomalous' profit since 2024, researchers find

Tech Insider : Business, Sports
polymarket bar

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AOC draws parallel between prediction markets and Big Tobacco, floats advertising ban

Tech Insider : Politics, Business, Sports
Rep. Alexandria Ocasio-Cortez
"I think there's a lot of things that we can learn from regulation of the tobacco industry that we can apply here," Ocasio-Cortez said of prediction markets.

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Polymarket bettors tried to make a reporter change his story about Iran missile strike — or else

Tech Insider : Business, Crypto, Sports
A diptych of smoke rising from an explosion in Lebanon and a phone screen with Polymarket displayed

Raghed Waked/Reuters; Samuel Boivin/NurPhoto via Getty Images

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