Kalshi's Compliance Framework Could Become the Prediction Market Standard

Kalshi, a CFTC-regulated U.S. prediction market, announced employment-verification requirements for high-risk trades and system-level blocks preventing candidates from trading their own campaigns. The infrastructure—access controls keyed to employment context, technical insider-trading guards, and data-driven screening—is the most sophisticated the sector has attempted at scale. As regulators begin scrutinizing prediction markets more closely, Kalshi's framework will likely serve as the reference architecture for how the industry manages insider trading risks.