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681 US Senators Ban Themselves From Prediction Markets Trading

Slashdot
BeauHD @ Slashdot · 04/30/2026 21:00 EDT

US Senators Ban Themselves From Prediction Markets Trading

The U.S. Senate unanimously passed a rule banning senators from trading on prediction markets effective immediately. CNBC reports: The move came amid rising concern about insider trading on prediction market platforms such as Kalshi and Polymarket, and about event contracts that can involve death or violence. On April 22, Kalshi said it had suspended and fined one U.S. Senate candidate and two candidates for the House of Representatives for political insider trading on their own campaigns.

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