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gossip Slashdot May 01, 2026

US Senators Ban Themselves From Prediction Markets Trading

US Senators Ban Themselves From Prediction Markets Trading
AI Summary

Senate unanimously passed a rule banning senators from trading on prediction markets effective immediately. CNBC reports: The move came amid rising concern about insider trading on prediction market platforms such as Kalshi and Polymarket, and about event contracts that can involve death or violence. On April 22, Kalshi said it had suspended and fined one U.S.

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