New York Bill Targets Prediction Markets with Stricter Oversight
A New York state lawmaker is taking steps to rein in the fast-growing world of prediction markets, proposing legislation that would create the first clear legal framework for platforms like Kalshi and Polymarket. Assemblyman Clyde Vanel (D), chair of the Assembly Banks Committee, has introduced Bill A.B. 9251 — a measure designed to impose oversight, […]
A New York state lawmaker is taking steps to rein in the fast-growing world of prediction markets, proposing legislation that would create the first clear legal framework for platforms like Kalshi and Polymarket. Assemblyman Clyde Vanel (D), chair of the Assembly Banks Committee, has introduced Bill A.B. 9251 — a measure designed to impose oversight, […]
