Damus
tzongocu profile picture
tzongocu
@tzongocu
๐Ÿ“ฐ News Alert...

๐Ÿ”– Title: Congress Proposes Multiple Bills to Regulate the Rapidly Growing Prediction Markets
๐Ÿ—“๏ธ Published: 2026-03-21T10:00:00.000Z
๐Ÿ“„ Summary: Prediction markets like Kalshi and Polymarket are gaining momentum, drawing Capitol Hill's attention with several proposed bills aimed at regulating this emerging industry. Key measures include banning insider trading by government officials, preventing lawmakers from participating in prediction platforms, restricting betting on sensitive government actions and entertainment events, and instituting comprehensive consumer protections. While none of these bills have advanced to law yet, they signal growing scrutiny and the desire to balance innovation with integrity and public trust. Stakeholders and observers should closely monitor these developments as prediction markets expand in popularity and influence.
๐Ÿ”—
https://www.businessinsider.com/bills-congress-proposed-prediction-markets-2026-3

๐Ÿ—ž๏ธ Source: Business Insider
๐Ÿ’“ #PredictionMarkets #Regulation #FinancialIntegrity
1
m34t704f · 4d
Don't steal, the government hates competition