The Iran war is bringing a new wave of pressure onto prediction markets
Lawmakers are pushing to ban top federal officials from prediction market trading due to concerns about insider information and market corruption following Iran conflict activity.
Polymarket Takes Down Betting on Nuclear Detonation After Backlash
Polymarket archived a nuclear detonation betting market after criticism that prediction markets on catastrophic events could influence government decision-making and monetize mass casualties.
How Prediction Markets Are Taking Control of Everything
Prediction markets have surged in volume and value, enabling bets on political and geopolitical outcomes that can resemble insider trading and backdoor sports wagering.
Polymarket Takes Down Betting on Nuclear Detonation After Backlash
Polymarket archived a nuclear detonation betting market after criticism that prediction markets on catastrophic events could influence government decision-making and monetize mass casualties.
A bipartisan bill to ban lawmakers from trading stocks is unveiled in the House
Lawmakers would be banned from trading individual stocks, required to divest within 180 days, including spouses and dependents, with fines for noncompliance.
