Stephanie Hughes

You mentioned that tech has never been an election issue before like it is now.

What other political initiatives are you looking out for if you are?

You're listening to Marketplace Tech.

I'm Stephanie Hughes.

We're back with Maria Curie, a tech policy reporter at Axios.

Kalshi is going to prevent athletes and politicians from trading in certain markets.

So the prediction marketplace Kalshi announced this week, it's going to preemptively block political candidates from trading on their own campaigns.

It's also going to prevent college and pro athletes, coaches and referees from making bets on events and leagues they're involved with.

Kalshi says these trades have always been banned, but these new guardrails will help spot these prohibited bets earlier.

Maria, why do you think we're seeing this move from Kalshi right now?

Yeah.

And I, you know, while regulators are clearly watching this, I imagine that Kalshi's users also don't want any kind of insider trading or cheating.

Like people care a lot about the bets they make on these platforms.

How much pressure do you think exists from the community to prevent this kind of cheating?

That's Maria Curie at Axios.

You can find the full video of this episode of Marketplace Tech Bytes we can review on our YouTube channel, Marketplace APM.

And subscribe if you haven't already to watch us every Friday.

Jesus Alvarado produced this episode.

Daniel Shin also produces our show.

Gary O'Keefe is our engineer.