{"id":575181,"date":"2026-03-27T22:53:48","date_gmt":"2026-03-27T22:53:48","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/27\/california-governor-signs-order-banning-prediction-market-insider-trading\/"},"modified":"2026-03-27T22:53:48","modified_gmt":"2026-03-27T22:53:48","slug":"california-governor-signs-order-banning-prediction-market-insider-trading","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/27\/california-governor-signs-order-banning-prediction-market-insider-trading\/","title":{"rendered":"California governor signs order banning prediction market insider trading"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5ZDMxMmYtY2MwYi03YmZmLWI1MmMtMjkyZjE1Y2NjNTMxLmpwZw==.jpg\" alt=\"California governor signs order banning prediction market insider trading\" class=\"type:primaryImage\" \/><\/p>\n<p>The executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets.<\/p>\n<p>California Governor Gavin Newsom signed an executive order on Friday, expanding rules to curb public servants and those close to them from benefiting from insider trading on prediction markets tied to political or economic events they can influence or are privy to.<\/p>\n<p>The <a title=\"https:\/\/www.gov.ca.gov\/wp-content\/uploads\/2026\/03\/2026-3-27.Predictive-Markets-Appointees-EO.FINAL-SIGNED.pdf\" href=\"https:\/\/www.gov.ca.gov\/wp-content\/uploads\/2026\/03\/2026-3-27.Predictive-Markets-Appointees-EO.FINAL-SIGNED.pdf\" target=\"_blank\" rel=\"nofollow noopener\">order<\/a> prohibits \u201cgubernatorial appointees,\u201d public officials appointed to office by the governor of the state, from using \u201cconfidential or non-public information\u201d gleaned from performing their duties to profit from related prediction markets.<\/p>\n<p>Newsom\u2019s executive order also extends the prohibition to include spouses, family members or former business partners of the appointed officials from using non-public information to profit. \u201cPublic service should not be a get-rich-quick scheme,\u201d Newsom <a title=\"https:\/\/www.gov.ca.gov\/2026\/03\/27\/governor-newsom-strengthens-bans-on-insider-betting-by-state-officials-takes-aim-at-corruption-fueled-by-trump\/\" href=\"https:\/\/www.gov.ca.gov\/2026\/03\/27\/governor-newsom-strengthens-bans-on-insider-betting-by-state-officials-takes-aim-at-corruption-fueled-by-trump\/\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a>. He added:<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/california-governor-executive-order-government-insider-trading-prediction-markets\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets. California Governor Gavin Newsom signed an executive order on Friday, expanding rules to curb public servants and those close to them from benefiting from insider trading on prediction markets tied to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":575182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-575181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/575181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=575181"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/575181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/575182"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=575181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=575181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=575181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}