Add Yahoo as a preferred source to see more of our stories on Google. US lawmakers introduce new bill banning betting on war. Credit: CCN. Key Takeaways U.S. lawmakers introduced the DEATH BETS Act to ...
U.S. Sen. Adam Schiff (D-CA), along with Rep. Mike Levin (D-CA), introduced the DEATH BETS Act to prohibit the Commodity Futures Trading Commission (CFTC) — the federal regulator for prediction ...
When Ayatollah Ali Khamenei was killed in joint US-Israeli air strikes on Saturday, a significant number of Kalshi users thought they'd just made a lot of money. They had placed bets on whether ...
Senators are calling for new legislation after millions of dollars in bets were placed on prediction market sites tied to U.S. air strikes on Iran and the death of the country's supreme leader. Users ...
Bettors are angry that Kalshi, citing a policy against death bets, did not pay on wagers. And with signs of trading on government secrets, some lawmakers want to restrict prediction markets. By Ephrat ...
Iran-linked contracts drove prediction market activity higher as the CFTC opened rulemaking and Democrats moved to ban war and death bets. Prediction market activity has climbed sharply as traders ...
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