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Kalshi has supported a prediction market lobbying group led by former Trump administration officials.
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On May 25, Cointelegraph reported that the prediction market Kalshi has supported the newly formed lobbying group Americans for Fair Markets and hired former White House Deputy Chief of Staff Taylor Budowich as a strategic advisor. Kalshi stated that the organization aims to counter betting companies and casinos that spread misinformation about prediction markets to policymakers under the guise of protecting monopolies.
The organization will lobby alongside the Coalition for Prediction Markets, established in December 2025 and supported by Coinbase, Crypto.com, and Robinhood. The U.S. House of Representatives launched an investigation into Kalshi and its main competitor Polymarket's handling of insider trading on the same day. The new organization stated it will support CFTC regulation of prediction markets and consumer protection measures such as KYC and insider trading bans.