U.S. lawmakers introduce bill to prohibit members of Congress, the President, and senior officials from participating in prediction market betting

2026-03-26 08:05:37

Golden Finance reports that on March 26, Cointelegraph reported that U.S. lawmakers recently introduced a bill aimed at banning members of Congress, the President, and other senior government officials from betting on prediction markets.
The proposal, jointly sponsored by U.S. Representatives Adrian Smith and Nikki Budzinski, was introduced on Tuesday and is called the “Preventing Real-Time Exploitation and Deceptive Congressional Trading Act” (PREDICT Act).

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