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, […]
