New Bill Would Ban Lawmakers, Their Families From Betting on Prediction Markets

New bill would ban lawmakers, their families from betting on prediction markets

A new bill would ban lawmakers in Congress from placing bets on prediction markets related to public policy issues and elections that they could be in a position to profit from by using insider information. The Stop Lawmakers From Predicting Act was introduced Thursday by House Administration Committee Chairman Bryan Steil, R-Wis., which would ban members of Congress and their spouses and dependent children from placing a wager on a prediction m…

Rep. Bryan Steil Targets Insider Trading in Prediction Markets with New Bill

Rep. Bryan Steil proposes a bill banning Congress members from policy-related bets on prediction markets, sparking debate over White House exclusion. (Read More)

Republican Bill Targets Prediction Market Insider Trading but Leaves White House Out

A Republican lawmaker wants to ban insider trading on policy prediction markets. The bill is narrow by design — and… Read the original on Republican Bill Targets Prediction Market Insider Trading but Leaves White House Out. For more crypto news and analysis, visit TheCurrencyAnalytics.com.