Banned markets
Markets should price information. Not incentivize harm.
Violent markets, including war and kidnapping, are banned on Kalshi and not allowed by the CFTC.The bottom line
Being federally regulated and based in the U.S. means we do not offer any contracts on the following topics:Kalshi is federally regulated
War markets
Death markets
Nuclear war markets
Assassination markets
Kidnapping markets
Rocket explosion markets
Missile strike markets
Key differences
Regulated vs Offshore
Offshore prediction markets
No prohibited markets (war, death, kidnapping)
Lists war, nuclear, death, kidnapping markets
Subject to U.S. law
Outside U.S. jurisdiction
Reports to federal regulators
No reporting obligations
24/7 surveillance
Zero surveillance or enforcement
Full KYC required
Fully anonymous accounts
Examples
Here are screenshots of unregulated, offshore prediction markets that cannot be listed on Kalshi.What you won't find on Kalshi
AccountabilityWithin the U.S. federal
Within the U.S. federal
regulatory perimeter
We take pride in our regulated status
Kalshi operates as a CFTC-regulated exchange under the Commodity Exchange Act. We comply with federal law. We do not list war or death markets.