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.
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GhostAddressMiner
· 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?
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SolidityStruggler
· 4h ago
Smart move, self-regulation is much more comfortable than forced intervention by regulatory authorities.
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FlatlineTrader
· 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.
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DefiSecurityGuard
· 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
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nft_widow
· 01-08 08:46
Self-regulation sounds good, but can it really be achieved? Anyway, it all depends on who gets fined first.
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.