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U.S. Senators bans themselves from trading on prediction markets
April 30, 2026
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Posted 2 hours ago by
The United States Senate did something good, today: it unanimously banned members from trading on prediction markets (the tech term of art for sites that let you gamble on anything) and the rule is effective immediately. The main sites, Kalshi and Polymarket, are often in the news due to the constant insider trading and contracts (the tech term of art for bets) that involve death, violence, war and other controversial subjects.

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