The chief executive of prediction market exchange Kalshi has publicly endorsed new U.S. legislation that would prohibit insider trading on political and policy-based prediction markets.

Tarek Mansour, CEO of Kalshi, voiced his support for the Public Integrity in Financial Prediction Markets Act of 2026, proposed earlier this week by U.S. Representative Ritchie Torres (D-NY), in a LinkedIn post on Wednesday.

Drawing A Line Between Regulated And Offshore Markets

Mansour emphasized that Kalshi already enforces strict rules against insider trading, similar to those used by traditional financial exchanges.

“Kalshi is supportive of the bill Ritchie Torres is looking to introduce to affirm the…

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