US Capitol with a torn prediction market contract representing the BETS OFF Act legislation against war betting.
Bitcoin News

Prediction Markets Face Crackdown: US Lawmakers Unveil BETS OFF Act to Ban Disturbing War Bets

WASHINGTON, D.C. — In a significant move against a burgeoning financial gray area, U.S. lawmakers introduced legislation on March 17, 2026, aiming to sever the link between geopolitical conflict and profit-driven prediction markets. The proposed Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act directly targets platforms allowing bets on military actions, […]

The DEATH BETS Act document in the US Senate chamber targeting prediction markets on war and assassinations.
Bitcoin News

Breaking: Senate’s DEATH BETS Act Targets War Prediction Markets

WASHINGTON, D.C. — May 21, 2026. U.S. Senator Adam Schiff (D-CA) introduced original legislation today explicitly banning federally regulated prediction markets from offering contracts on war, terrorism, assassination, and individual deaths. The proposed DEATH BETS Act marks a direct congressional response to escalating national security and insider trading concerns surrounding event-contract platforms, particularly following high-volume […]

Senator Angela Alsobrooks discusses crypto bill compromise at American Bankers Association event
AI News

Breaking: Crypto Bill Compromise Requires Both Sides to Be ‘A Bit Unhappy,’ Senator Reveals

WASHINGTON, D.C. — In a important development for cryptocurrency regulation, U.S. Senator Angela Alsobrooks (D-MD) declared on Tuesday, March 18, 2026, that both the cryptocurrency industry and traditional banking lobbies must accept being “a bit unhappy” for a critical market structure bill to advance. Speaking at an American Bankers Association conference, the key Democrat on […]

Senator Adam Schiff introduces the DEATH BETS Act to ban prediction markets on war and assassinations.
Ethereum News

Breaking: Senate Bill Targets ‘Death Bets’ in Prediction Markets

WASHINGTON, D.C. — On Tuesday, April 15, 2026, U.S. Senator Adam Schiff (D-CA) introduced pioneering legislation explicitly targeting prediction markets that allow betting on violent events. The proposed DEATH BETS Act seeks to amend the Commodity Exchange Act, prohibiting federally regulated platforms from listing contracts tied to war, terrorism, assassination, or an individual’s death. This […]

US Capitol building where Senator Adam Schiff introduced DEATH BETS Act banning prediction markets
AI News

Breaking: US Senate Bill Targets War and Assassination Prediction Markets

WASHINGTON, D.C. — On Tuesday, April 15, 2026, Democratic Senator Adam Schiff introduced pioneering legislation that would explicitly ban federally regulated prediction markets from offering contracts tied to war, terrorism, assassination, and individual deaths. The DEATH BETS Act represents the most significant regulatory move against event-contract platforms in a decade, coming amid escalating concerns about […]

Political standoff over CBDC ban and housing affordability legislation in the US Capitol.
Uncategorized

Breaking: GOP Threatens Housing Bill Over Permanent CBDC Ban

WASHINGTON, D.C. — In a dramatic political maneuver with direct implications for American homebuyers, Republican representatives are applying a critical affordable housing bill to secure a permanent legislative ban on a U.S. Central Bank Digital Currency (CBDC). On March 6, 2026, a coalition of 28 House Republicans issued an ultimatum to Speaker Mike Johnson, declaring […]

US Capitol building at dusk as Republican opposition threatens housing affordability bill over CBDC ban
AI News

Breaking: GOP Threatens Housing Bill Over CBDC Ban in Critical Election-Year Standoff

WASHINGTON, D.C. — March 10, 2026: Republican lawmakers in the U.S. House of Representatives have issued an ultimatum that could derail critical housing affordability legislation, demanding a permanent ban on central bank digital currencies as their price for support. Twenty-eight Republican representatives signed a letter dated March 6 to House Speaker Mike Johnson, threatening to […]