The US Senate unanimously passed a rule barring senators from trading on prediction markets like Kalshi and Polymarket, amid rising concern over insider trading
The U.S. Senate on Thursday unanimously passed a rule barring senators from trading on prediction markets effective immediately.
CNBC Dan Mangan
Related Coverage
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Discussion
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NewsMax.com
Sam Barron
on x
Senators, Staff Barred From Prediction Markets
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r/law
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U.S. senators ban themselves from prediction markets trading
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r/Polymarket_news
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on reddit
U.S. senators ban themselves from prediction markets trading
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r/FluentInFinance
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U.S. senators ban themselves from prediction markets trading
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r/politics
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U.S. senators ban themselves from prediction markets trading
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Nicola Borri
Nicola Borri
on linkedin
A striking piece in the Financial Times on prediction markets. — The standard narrative is that these platforms harness the “wisdom of the crowd.” …
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@drewharwell.com
Drew Harwell
on bluesky
Is it a good thing for the world that people can now secretly monetize their access to classified information on the timing and success of military strikes — www.ft.com/content/989d... [image]
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@frederikobermaier.com
Frederik Obermaier
on bluesky
More than half of “long-shot” bets on military action made on Polymarket are successful, according to a new report @acdatacollective.bsky.social that suggests prediction markets could pose a bigger threat than previously recognised to the security of sensitive information.