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Congress scrambles to regulate prediction markets amid insider trading fears

By PulseAugur Editorial · [1 sources] ·

Congress is moving to regulate online prediction markets due to concerns over insider trading and the use of non-public information. Several bills have been introduced, including one that would prohibit the use of campaign funds for such bets and another proposing a broader ban on markets related to sensitive topics like war or individual deaths. However, past resistance from administrations suggests that significant legislative action may be unlikely. AI

IMPACT Emerging tech policy struggles to keep pace with innovation, highlighting regulatory challenges.

RANK_REASON The cluster discusses legislative action and regulatory proposals concerning a specific technology sector. [lever_c_demoted from significant: ic=1 ai=0.4]

Read on Axios Technology →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Congress scrambles to regulate prediction markets amid insider trading fears

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The cluster discusses legislative action and regulatory proposals concerning a specific technology sector. [lever_c_demoted from significant: ic=1 ai=0.4]
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COVERAGE [1]

  1. Axios Technology TIER_1 English(EN) · Andrew Solender ·

    Congress is scrambling to regulate prediction markets

    <p>Members of Congress are rushing to institute new regulatory guardrails around <a href="https://www.axios.com/2026/05/12/prediction-markets-cftc-selig-regulation" target="_blank">online prediction markets</a> following a series of alleged insider trading scandals.</p><p><strong…

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