Washington, May 8 (IANS) Lawmakers in the US House of Representatives have move a legislation to ban members of Congress and their staff from trading on prediction markets. It comes days after the Senate unanimously adopted similar restrictions amid growing scrutiny over potential insider trading and ethics concerns.Republican Congresswoman Ashley Hinson of Iowa on Thursday introduced a resolution to amend House rules and prohibit lawmakers, congressional staff and House officers from entering a…
Latest Kalshi News & Updates
New Delhi, April 22 (IANS) IT Secretary S. Krishnan said on Wednesday that prediction market apps have come under the scanner of the government, as the country announced to bring into force a comprehensive set of rules to regulate the fast-growing online gaming sector from May 1.Platforms such as Kalshi, Polymarket are being used for betting on election outcomes, IPL and many other events.Krishnan pointed out that even though apps such as Kalshi, Polymarket are banned under the Online Gaming Act…