AXIOS (Nathan Bomey) - Exclusive: Kalshi announces steps to keep kids off prediction market
Kalshi is putting in place new tools to prevent minors from trading on the prediction market , but is resisting calls to block ages 18-20. Why it matters: Prediction markets are surging in popularity as a way to risk money on sports, politics and news — but they're also facing mounting political scrutiny over their contribution to America's gambling culture . Driving the news: Kalshi CEO Tarek Mansour tells Axios that while kids are already banned from trading on the platform, the company is taking several additional steps to prevent them from doing so, including: - Requiring all users to use facial recognition technology when opening the app, making it more difficult for kids to use family accounts to log in. - Requesting selfies…