A bipartisan group of lawmakers has moved to tighten restrictions on political prediction markets, proposing legislation that would bar elected officials from wagering on political outcomes. The push reflects growing concerns about conflicts of interest and market manipulation in this emerging trading space. Proponents argue that public servants shouldn't be able to profit from political events they influence or control. As prediction markets gain traction in the crypto ecosystem—becoming more accessible through blockchain platforms—such regulatory measures could reshape how these markets operate. The proposal underscores the broader tension between innovation in decentralized finance and the need for oversight to protect market integrity and prevent insider trading risks.