The prediction market has truly been targeted by regulators this time, with Polymarket and Kalshi urgently launching new regulations against insider trading for compliance. In plain terms, it means that prediction platforms are starting to 'catch insiders' on their own turf.
This feels too familiar, a typical case of compliance trading for survival. The essence of the prediction market is about information disparity, and many seasoned players are chasing those insider messages that allow them to 'know the script in advance.' Now, this route is being blocked; it seems that in the future, making quick money by peeking at the script will become significantly more challenging.
From the perspective of chips and narrative, this can be seen as a necessary path for prediction markets to move towards mainstream acceptance, as no compliant institution would dare to invest in a place with such poor transparency. However, with this wave of regulatory pressure, the wild narratives of 'those who understand will understand' may cool down in the short term.
What does everyone think? Without the support of 'insider information,' can the prediction market maintain its current popularity? #PredictionMarket #Polymarket #Kalshi #Web3 #RegulatoryUpdate $UMA $POLYX
