US Senators Propose Ban on Prediction Market Trades
A group of U.S. senators has introduced legislation aimed at preventing federal officials from trading on prediction markets, citing concerns that government insiders could profit from confidential information tied to major political or geopolitical events. The proposal, known as the End Prediction Market Corruption Act, was introduced by Senators Jeff Merkley of Oregon and Amy Klobuchar of Minnesota. The measure would block the president, vice president, and members of Congress from buying or selling event contracts on prediction platforms. It […] The post US Senators Propose Ban on Prediction Market Trades appeared first on World Casino News.
A group of U.S. senators has introduced legislation aimed at preventing federal officials from trading on prediction markets, citing concerns that government insiders could profit from confidential information tied to major political or geopolitical events. The proposal, known as the End Prediction Market Corruption Act, was introduced by Senators Jeff Merkley of Oregon and Amy Klobuchar of Minnesota. The measure would block the president, vice president, and members of Congress from buying or selling event contracts on prediction platforms. It […]
The post US Senators Propose Ban on Prediction Market Trades appeared first on World Casino News.
