Kalshi adds minor-blocking tools, refuses to ban 18-20-year-old traders
Kalshi is rolling out enhanced responsible trading tools to block minors from its CFTC-regulated prediction market platform, including stronger identity verification, tighter account monitoring, and social accountability features, the company told Axios. The measures come amid broader scrutiny of retail trading platforms and pressure from some policymakers and advocacy groups who have sought tighter age controls. However, Kalshi is pushing back against calls to extend trading restrictions to users ages 18 through 20, maintaining its current policy that allows anyone 18 or older to trade on its exchange. The stance puts the company at odds with those seeking stricter limitations on young adult access to prediction markets.
Keeps Kalshi's age floor at 18 while rivals face mounting pressure to raise theirs, letting the CFTC-licensed exchange capture the politically contested 18-20 demographic unless Congress or the regulator mandates a higher federal floor.