Congress is moving to rein in prediction markets, with lawmakers in both chambers introducing a wave of bipartisan bills this week targeting insider trading and certain types of wagers. The push ...

Members of Congress are increasingly targeting prediction markets such as Polymarket and Kalshi with proposed regulations to limit bets on real-world events that critics say are primed for insider ...

The BETS OFF Act would target prediction markets that allow people to bet on real-life events, like political actions or whether an assassination will take place.

A sitting member of Congress has introduced legislation to prohibit congressional staff from trading on prediction markets platforms.

In a video statement released on his X account this morning, CFTC Chairman Mike Selig said that American prediction markets have been hit with an “onslaught of state-led litigation” over the past year ...