Breaking: Senate’s DEATH BETS Act Targets War Prediction Markets
WASHINGTON, D.C. — May 21, 2026. U.S. Senator Adam Schiff (D-CA) introduced groundbreaking 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 […]
