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Prediction Market Act

Coverage of Prediction Market Act in the Nexus archive.

Earliest in view: May 6 · 09:00 UTCMost recent: May 6 · 09:00 UTC
Co-mentioned in this coverage
Dave McCormickperson1Kirsten Gillibrandperson1Commodity Futures Trading Commissionorganization1Congressorganization1House Republicansorganization1
Recent coverage
  • BUSINESSMay 6 · 09:00 UTCFOX NEWS
    SEN DAVE McCORMICK: Prediction markets are booming. Washington must catch up

    Prediction markets have seen a significant increase in transaction volume, with over $60 billion in just three and a half months, prompting the need for updated regulatory frameworks to protect investors and strengthen market integrity. The Prediction Market Act has been introduced to bring greater clarity and predictability to prediction markets. This act aims to strengthen consumer protection, set clear ethical guardrails, and keep America in the lead of this fast-growing industry.