Kalshi Partners with StarCompliance to Enhance Prediction Market Monitoring Capabilities

CoinFeed June 18 news, according to Cointelegraph, prediction market platform Kalshi has partnered with compliance software provider StarCompliance to launch a monitoring platform that helps financial firms monitor employee activity in prediction markets. The system flags suspicious activity based on metrics such as trading volume, trading patterns, market categories, and working hours, and provides firms with centralized tools for managing investigations and audit records. This partnership comes amid a jurisdictional battle between U.S. regulators and the CFTC over event contracts. At least 11 states have taken legal action against platforms like Kalshi and Polymarket, with the core dispute being whether event contracts should be governed by state gambling laws or the CFTC.