US Senators Introduce Bipartisan Prediction Markets Are Gambling Act

U.S. Senators Adam Schiff (D-California) and John Curtis (R-Utah) have introduced the bipartisan Prediction Markets Are Gambling Act. The legislation would amend the Commodity Exchange Act to prohibit entities regulated by the Commodity Futures Trading Commission (CFTC) — such as prediction market platforms like Kalshi and Polymarket’s U.S. operations — from listing or offering: Any […] The post US Senators Introduce Bipartisan Prediction Markets Are Gambling Act appeared first on Tekedia.

US Senators Introduce Bipartisan Prediction Markets Are Gambling Act

U.S. Senators Adam Schiff (D-California) and John Curtis (R-Utah) have introduced the bipartisan Prediction Markets Are Gambling Act. The legislation would amend the Commodity Exchange Act to prohibit entities regulated by the Commodity Futures Trading Commission (CFTC) — such as prediction market platforms like Kalshi and Polymarket’s U.S. operations — from listing or offering: Any […]

The post US Senators Introduce Bipartisan Prediction Markets Are Gambling Act appeared first on Tekedia.

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