Kalshi implements age verification and security measures to prevent minors from using prediction market platform

Prediction market platform Kalshi has announced new safeguards including barring minors from trading, requiring Face ID verification by default, two-factor authentication, and deposit limit recommendations. The moves follow increased regulatory scrutiny from U.S. senators and lawmakers who have criticized prediction markets as resembling gambling. Kalshi also introduced transparency features allowing users to share trading activity with designated contacts.