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Senators Banned From Gambling On Prediction Markets
The move comes after several online gamblers scored big wins by betting on U.S. government decisions, including those tied to military actions.
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forbes.com
Senators Banned From Gambling On Prediction Markets
The move comes after several online gamblers scored big wins by betting on U.S. government decisions, including those tied to military actions.
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cnbc.com
Democrats urge CFTC to rein in prediction markets sports betting, insider trading
Sen. Jeff Merkley, D-Ore., led a letter — first reported by CNBC — to the CFTC asking for stricter rules for companies like Kalshi and Polymarket.
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U.S. senators ban themselves from prediction markets trading
The move came after Democratic lawmakers asked the Commodity Futures Trading Commission to prohibits event contracts on elections, war and military actions.
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huffpost.com
Congress Makes Its First Move On Prediction Markets
It’s a baby step toward regulating an industry that's supercharging opportunities for insider trading.
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arstechnica.com
Senators ban themselves from prediction markets after candidates bet on own races
Senator decries "blatant, brazen corruption," wants to target Trump admin next.