Senate Democrats Push Ban on Prediction Market Bets Tied to War and Death

Senate Democrats push ban on prediction market bets tied to war and death

Senate Democrats' bill would write the prohibition into federal law even as the CFTC shifts toward a more permissive stance on event contracts.

Democrats To Introduce Legislation Explicitly Banning Prediction Markets Related to War and Death

Millions of dollars have been awarded to individuals who gamble on certain outcomes related to the Iran war and other conflicts.

Senator Introduces 'DEATH BETS' Act Against War-Linked Prediction Markets

Democratic Senator Adam Schiff introduced the 'DEATH BETS' Act, seeking to prevent prediction market contracts related to war and terrorism amid insider trading concerns.

A New Red Line for Crypto? Washington Targets On‑Chain “Death Bets” In Prediction Markets

A Democratic U.S. Senator from California is introducing new legislation targeting crypto‑driven prediction markets An Act Against Death On March 10, Democrat U.S. Senator Adam Schiff (California) and Representative Mike Levin (CA-49) introduced the DEATH BETS Act, a bill aimed explicitly at banning prediction market contracts tied to terrorism, assassination, war or an individual’s death on any platform registered in the Commodity Futures Tradi…

Is Washington coming for Polymarket’s ‘death markets’? New Senate bill takes aim

A new U.S. Senate bill aims to prohibit betting markets tied to war, assassination, and an individual’s death, a move that could have implications for prediction-market platforms such as Polymarket. The legislation, introduced by Adam Schiff, is titled the Discouraging…

Democrats Introduce Bill to Ban Prediction Market Contracts on War and Death

The DEATH BETS Act would prohibit CFTC-registered exchanges from listing contracts tied to terrorism, assassination, war, or death.