The post PREDICT Act Introduced to Ban U.S. President, Congressman From Prediction Market appeared first on Coinpedia Fintech News
U.S. lawmakers have introduced the bipartisan PREDICT Act to stop senior government officials from trading on political prediction markets. The proposal would ban the president, vice president, members of Congress, and political appointees, along with spouses and dependents, from profiting on government-related outcomes. PREDICT Act Seeks to Ban Political Prediction Market Trading According to the …