StablecoinSteward
The U.S. House of Representatives is set to introduce a significant bill—the "Public Integrity Act of 2026 for Financial Prediction Markets." Sponsored by Congressman Ritchie Torres, the core provision of this bill is to prohibit federal officials from trading on prediction markets using material non-public information.
The introduction of this proposal is not without precedent. Previously, an account conducted trading operations before a major political event, earning over $400,000 in profit afterward, sparking widespread suspicion of insider trading. This incident exposed regulatory gaps in
View OriginalThe introduction of this proposal is not without precedent. Previously, an account conducted trading operations before a major political event, earning over $400,000 in profit afterward, sparking widespread suspicion of insider trading. This incident exposed regulatory gaps in