US Lawmakers Introduce Bill to Ban Members of Congress, President, and Senior Officials from Participating in Prediction Markets

BlockBeats News, March 26th, according to Cointelegraph, U.S. lawmakers recently introduced a bill aimed at prohibiting members of Congress, the President, and other senior government officials from participating in a prediction market competition.

The bill, co-sponsored by U.S. Representatives Adrian Smith and Nikki Budzinski, was introduced on Tuesday and is titled the "Preventing Real Online Threats Endangering Critical Internal Congress Trade (PREDICT) Act."