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Comment for Proposed Rule 89 FR 48968

  • From: Matteo Bianchi
    Organization(s):

    Comment No: 74019
    Date: 8/5/2024

    Comment Text:


    I am a cybersecurity analyst specializing in threat intelligence, I would utilize Kalshi's election prediction markets to assess the cybersecurity implications of potential political outcomes and regulatory changes. Prematurely banning these markets is a bad idea. It doesn’t take into consideration their role in providing early warnings of cybersecurity risks associated with political decisions. These markets offer valuable insights into potential shifts in data protection laws, cyber defense strategies, and regulatory compliance requirements.

    I emphasize the importance of extending the comment period to gather input from cybersecurity experts, technology innovators, and privacy advocates who rely on these markets to enhance threat mitigation strategies and safeguard digital infrastructure. Banning these markets would hinder our ability to anticipate cyber threats and mitigate risks in an increasingly digitized world.

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