The leadership team at a major prediction market platform is throwing their weight behind legislation aimed at cracking down on insider trading. The push comes as regulators increasingly scrutinize whether prediction markets need stronger safeguards against bad actors exploiting non-public information. This move signals that platforms operating in this space recognize the importance of self-regulation and transparency. Supporting stricter oversight on insider trading could actually help legitimize prediction markets to mainstream investors and policymakers who remain skeptical about the sector. The timing matters too—as prediction markets gain traction in mainstream finance, getting ahead of potential regulatory gaps might be a smart play for both credibility and compliance.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GhostAddressMinervip
· 3h ago
Why does this stance seem like paving the way... The real big players have long avoided detection through on-chain footprints. Now they're just promoting self-discipline, isn't it a bit late?
View OriginalReply0
SolidityStrugglervip
· 4h ago
Smart move, self-regulation is much more comfortable than forced intervention by regulatory authorities.
View OriginalReply0
FlatlineTradervip
· 01-08 08:52
Self-regulation? Sounds like it's not a bad idea, but honestly, it's more like a way to brainwash retail investors.
View OriginalReply0
DefiSecurityGuardvip
· 01-08 08:52
ngl this reeks of PR damage control... they're not suddenly "principled" about insider trading lmao. classic move when you've got regulatory heat incoming. DYOR on their actual audit reports before trusting their "transparency" narrative, fr fr
Reply0
nft_widowvip
· 01-08 08:46
Self-regulation sounds good, but can it really be achieved? Anyway, it all depends on who gets fined first.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)