NEWSOM JUST PUT $TICKER ON A LEASH 🔥

California Governor Gavin Newsom signed an executive order barring state appointees from using non-public information to trade in prediction markets or help others profit, with coverage extending to mainstream platforms like Polymarket and Kalshi. The move tightens ethical oversight after a wave of controversy around “precision betting” and signals a harder compliance regime for the sector.

Cut the noise. Track the compliance desk reaction. Expect institutional flow to get more selective as legal risk gets priced in. Watch for liquidity to rotate away from anything that smells like insider edge.

I think this matters because it turns prediction markets from a fast-money narrative into a trust-and-regulation trade. When officials move first, the market usually has to reprice the whole category, not just the headline.

Not financial advice. Manage your risk.

#PredictionMarkets #Polymarket #Kalshi #CryptoNews #Macro

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