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Kalshi to Create ‘Portal for Parents‘ on Prediction Markets: Report

Cointelegraph
Kalshi is launching a parent portal and AI-powered facial verification to prevent minors from illegally accessing its prediction market platform.

Summary

Kalshi CEO Tarek Mansour announced plans to implement a “portal for parents” and AI-driven selfie verification to stop minors from bypassing age restrictions by using parental IDs. This move comes as the prediction market platform faces increased scrutiny regarding event contracts and age compliance. While Kalshi navigates ongoing legal battles at the state level, it continues to argue that it operates under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC).

(Source:Cointelegraph)