U.S. Senate Introduces Bipartisan Bill to Ban Sports Betting on Prediction Markets

2026/03/24 07:48

CoinPost

Written by L.Kikutani

U.S. Senate Introduces Bipartisan Bill to Ban Sports Betting on Prediction Markets

Prediction Market Regulation Bill Introduced in Senate

According to a report by the WSJ, Democratic Senator Adam Schiff and Republican Senator John Curtis introduced a bill on the 23rd that would prohibit the listing of contracts related to sports events and casino-type games on prediction market platforms regulated by the U.S. Commodity Futures Trading Commission (CFTC). This marks the first bipartisan bill in the Senate targeting prediction markets.

The bill...

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