California bans officials from profiting from non-public information on prediction market platforms.

On March 28, according to The Block, California Governor Andrew Cuomo issued an executive order on Friday prohibiting state officials from profiting from prediction market platforms using "non-public information." The order, effective immediately, prohibits "officials appointed by the governor from using confidential information obtained in their official capacity to gamble or assist others (including family members or business partners) in profiting from prediction market activities."