Congress targets prediction markets.

Congress hits Polymarket and Kalshi with a massive insider trading probe

The probe into Polymarket and Kalshi is a major concern for traders, as it may lead to increased regulation and potential bans on government employees participating in prediction markets. This could impact the overall market and user trust. Traders should watch for updates on the investigation and potential legislative actions.

#Crypto #Regulation #InsiderTrading #PredictionMarkets #Congress