Gate News message, April 16 — Kalshi, a prediction market platform, will introduce a parental portal that allows parents to submit identity information to verify whether their children have misused their credentials to bypass age restrictions. The platform will also add selfie verification to accounts, using facial recognition to confirm that users match their registered identity, according to CEO Tarek Mansour.
These measures are designed to prevent minors from circumventing Kalshi’s age requirements. The implementation reflects the platform’s commitment to compliance with regulatory standards governing prediction markets.
Kalshi is currently facing scrutiny at both state and federal levels in the United States over contracts related to sports events and military actions. The platform has argued in court that it falls under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), an independent agency overseeing derivatives markets. Related state-level lawsuits remain ongoing.
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