Senate Bans Members from Betting on Prediction Markets

In a unanimous vote, U.S. senators have prohibited themselves from participating in prediction markets, following revelations of candidates betting on their own campaigns.

In a unanimous vote, U.S. senators have prohibited themselves from participating in prediction markets, following revelations of candidates betting on their own campaigns.

As prediction markets gain traction, tax experts face uncertainty over how to report winnings, leaving many taxpayers in a precarious position.

Kalshi has banned a former California gubernatorial candidate and a YouTube editor for violations of its insider trading policy, highlighting the platform's commitment to regulatory compliance.