Democratic lawmakers propose a prediction markets bill to prevent insider trading on geopolitical events.
Ethereum News

Breaking: Dems Unveil Bill to Ban Insider Trading on Prediction Markets After Iran Strike Bets

WASHINGTON, D.C., May 22, 2026 — U.S. Democratic lawmakers are drafting urgent legislation to regulate cryptocurrency-based prediction markets following revelations of highly specific, profitable bets placed on the timing of recent U.S. military strikes against Iran. Senator Chris Murphy (D-CT) and Representative Mike Levin (D-CA) announced the planned bill on Wednesday, alleging that individuals with […]