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Senators Warren and Curtis Question Kalshi and Polymarket on Election Trading Safeguards

(3 hours ago) · 1 source · Summarized by CryptoBipto

U.S. Senators Elizabeth Warren and John Curtis have pressed prediction market platforms Kalshi and Polymarket regarding their safeguards around election-related trading. The lawmakers are seeking information about how these platforms handle risks associated with allowing users to bet on election outcomes.

WHY IT MATTERS

Prediction markets are platforms where people can bet on whether something will happen, such as who will win an election.

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SOURCES

  • thedefiant.io

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