PANews|Mar 28, 2026 00:27
[California Bans Officials from Profiting on Prediction Market Platforms Using Non-Public Information]
According to The Block, California's governor issued an executive order on Friday prohibiting state government officials from profiting on prediction market platforms using 'non-public information.' The order takes effect immediately, banning 'officials appointed by the governor from using confidential information obtained through their positions to gamble or assist others (including family members or business partners) in profiting from prediction market activities.'
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