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Republican Lawmaker Plans to Add Prediction Markets to Congressional Stock Ban Bill

DE
Decrypt Editorial
(08:43 PM UTC)
1 min read
SC
Approved bySarah Chen
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In brief

  • Rep. Bryan Steil (R-WI) plans to add language to the House congressional stock ban bill to cover prediction markets like Polymarket and Kalshi.
  • As currently written, the bill completely bans lawmakers and their families from buying new stocks and punishes violators with fines.
  • The move follows a broader federal push against prediction markets, including a Senate ban on member wagers and…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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