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Prediction markets put under spotlight by House Oversight panel
Prediction markets are under new scrutiny from Congress as lawmakers mull a ban on members betting on the platforms. The House Oversight and Government Reform Committee officially launched an investigation Friday into insider trading on the platforms, spurred by suspicious bets on the capture of Venezuelan President Nicolás Maduro and the war in Iran. Committee […]
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rollcall.com
Tensions over prediction markets dominate Senate hearing
Senators at a Commerce Committee panel hearing aired concerns Wednesday about rapidly growing prediction markets, appearing largely unswayed by industry arguments that they are…
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Will the House ban staff from prediction markets? These members aren’t waiting
As the House faces growing calls to ban trading on prediction markets by members and staff, some are taking things into their own hands. When Rep. Seth Moulton, D-Mass., announced…
