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U.S. Senators bans themselves from trading on prediction markets

Rob Beschizza
Apr 30, 2026
∙ Paid

Image: Jason Patrick Ross / shutterstock.com

The United States Senate did something good, today: it unanimously banned members from trading on prediction markets (the tech term of art for sites that let you gamble on anything) and the rule is effective immediately.

The main sites, Kalshi and Polymarket, are often in the news due to the constant insider tr…

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