The Commodity Futures Trading Commission will outline new rules allowing it to block certain bets on online prediction markets, the Wall Street Journal reported, after concerns about insider trading on platforms like Kalshi and Polymarket and wagers on sensitive issues, including wars.
The new rules could impact the types of bets users are allowed to place on platforms like Kalshi or Polymarket.
According to the Journal, the proposed rules will allow the agency to ban wagers considered not in the public interest or prone to manipulation because of insider information.
Under the rules, nearly all wagers linked to wars, terror attacks and assassinations are likely to be banned for failing the public interest threshold, the report added.
Bets on things like sports injuries and specific minor events in a game that could be subject to manipulation—or so-called “spot-fixing”—could also be banned.
