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After $679 million in Iran war bets, Democrats move to ban prediction markets tied to military action
By Oluwapelumi Adejumo at 2026-03-06 20:39
Sentiment: Negative
Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike […] The post After $679 million in Iran war bets, Democrats move to ban prediction markets tied to military action appeared first on CryptoSlate. Continue reading...
Categories: Legislation
Tags: #Legislation #Macro #Market #Regulation #Technology #TradFi #Kalshi #Polymarket #Prediction Market
Source CryptoSlate