Why Your Betting App Now Wants to See Your Resume
You might think your industry knowledge is a secret weapon for making extra cash on the side, but that expert insight could soon get you flagged. New rules are turning digital prediction markets into strictly regulated financial tools, meaning your professional life and your wallet are now officially linked. If you use these platforms to supplement your income, your job title is no longer a private detail. What's Going On Kalshi is what people in the finance world call a prediction market, which is essentially a place where you can put money on the outcome of future events. Instead of betting on which team wins a game, you are betting on things that actually affect your bank account, like whether inflation will drop next month or if a specific law will pass in Congress. People use these sites to make a profit or to protect themselves—for example, a homeowner might bet that interest rates will rise so that if their mortgage payments go up, their winnings from the bet help cover the ...