Moulton bans staff from using prediction markets like Kalshi, Polymarket

Moulton bans staff from using prediction markets like Kalshi, Polymarket

Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire,  on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton, D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi…

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Kalshi, Polymarket insider-trading rules not enough: Sens. Schiff, Curtis

Kalshi, Polymarket insider-trading rules not enough: Sens. Schiff, Curtis

A pair of bipartisan senators on Wednesday said they’re keeping their push to ban sports prediction market contracts, despite Kalshi and Polymarket announcing new insider-trading restrictions on their platforms. “It’s got to be more than an aspirational statement by these companies,” Sen. Adam Schiff, D-Calif., told CNBC’s “Squawk Box” when asked about those platforms’ self-imposed…

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