TechFlow News: On April 16, according to Cointelegraph, Tarek Mansour, CEO of prediction market platform Kalshi, stated that Kalshi will launch a “Parent Portal,” enabling parents to submit identification information to verify whether their children are impersonating them to circumvent the platform’s age restrictions. Kalshi will also introduce selfie-based verification for accounts, using facial recognition technology to confirm whether the account user matches the registered identity. The report notes that Kalshi is currently under scrutiny at both the U.S. state and federal levels over sports event contracts and bets related to military operations. Meanwhile, Kalshi contends in court that it falls exclusively under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), and related state-level lawsuits remain ongoing.
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