Lawmakers are taking steps to tighten rules around political prediction markets. Former Speaker Nancy Pelosi and other Democrats have thrown their weight behind legislation that would prevent elected officials from trading on their own predictions about political outcomes. The move targets potential conflicts of interest—situations where politicians with inside knowledge could profit from betting on election results or policy decisions. This regulatory push reflects broader concerns about market integrity and public trust. As prediction markets continue gaining traction in the crypto and blockchain space, questions about who can participate and under what conditions are becoming increasingly important. The debate essentially asks: should those making the rules be allowed to profit from predicting the rules they create?
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StealthDeployer
· 01-12 00:25
NGL, this is just ridiculous. Politicians still want to monopolize the prediction market? LOL.
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NeverVoteOnDAO
· 01-10 00:27
This is the real conflict of interest—politicians betting with insider information... By the way, can these regulations truly constrain them?
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GweiTooHigh
· 01-09 21:56
Haha, laughing to death. Have the politicians finally started self-examination? The nice way to put it is anti-corruption efforts; the harsh way is that someone has been making crazy profits and only then decided to change the rules...
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Ser_This_Is_A_Casino
· 01-09 21:52
Haha, isn't this just politicians being afraid of being caught for insider trading... Pelosi's move is really funny.
Casinos should allow everyone to participate fairly; why do politicians get special treatment?
This bill will probably be delayed for another year...
It's called "market integrity" in nice words, but frankly, it's just fear of exposure.
Crypto prediction markets are booming but are being targeted; this is the taste of power.
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DefiSecurityGuard
· 01-09 21:48
⚠️ ngl this reeks of the same insider trading playbook we've seen in tradfi for decades... except now they're scrambling because prediction markets expose it too clearly. classic.
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ImaginaryWhale
· 01-09 21:44
Coming back with this again? Politicians say every day they want to regulate, but then they turn around and cut the leeks themselves—it's the same thing lol
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FancyResearchLab
· 01-09 21:44
Another theoretically feasible regulatory framework, and so on... Isn't this just a different way of saying politicians' "insider trading"? Lu Ban No. 7 is working on it again.
Lawmakers are taking steps to tighten rules around political prediction markets. Former Speaker Nancy Pelosi and other Democrats have thrown their weight behind legislation that would prevent elected officials from trading on their own predictions about political outcomes. The move targets potential conflicts of interest—situations where politicians with inside knowledge could profit from betting on election results or policy decisions. This regulatory push reflects broader concerns about market integrity and public trust. As prediction markets continue gaining traction in the crypto and blockchain space, questions about who can participate and under what conditions are becoming increasingly important. The debate essentially asks: should those making the rules be allowed to profit from predicting the rules they create?