Deep Tide TechFlow News: On April 23, according to CoinTelegraph, New York Governor Kathy Hochul signed an executive order banning state government employees from placing bets on prediction markets. Illinois Governor JB Pritzker also signed a similar order this Tuesday. Hochul criticized the Trump government for failing to establish effective ethical standards to curb insider trading, saying, “Making a profit using inside information is corruption.” The executive order also prohibits state government employees from helping others use confidential information to profit in prediction markets; violators may face dismissal and law enforcement action.

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