TechFlow News, April 23: According to CoinTelegraph, New York Governor Kathy Hochul signed an executive order prohibiting state government employees from placing bets on prediction markets. Illinois Governor J.B. Pritzker signed a similar order earlier this week. Hochul criticized the Trump administration for failing to establish effective ethical standards to curb insider trading, stating, “Profiting from non-public information is corruption.” The executive order also prohibits state government employees from assisting others in profiting from confidential information in prediction markets; violators may face termination and law enforcement action.
Add to Favorites
Share to Social Media
