Newsletter: I spoke to experts across financial regulation, gambling, and election law about prediction markets like Kalshi and Polymarket. They claim to be trading platforms, they look like gambling sites, and the rules don’t fit.
https://www.citationneeded.news/prediction-markets-oversight/

Prediction markets are booming. Oversight is barely there.
Prediction markets once lived on the academic fringe. Now they’re trading billions on politics, sports, and celebrity gossip — under rules never designed for retail gamblers.
www.citationneeded.news · Citation Needed
Link author: Molly White@molly0xfff@hachyderm.io