Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Pelosi and 30 Other Democrats Jointly Push for "Insider Trading Prediction Market" Bill
BlockBeats News, January 10th, according to The Block, thirty Democratic lawmakers, including former House Speaker Nancy Pelosi, are jointly pushing legislation aimed at banning elected officials from engaging in politically related betting on prediction markets. This move comes in response to recent betting events related to the arrest of former Venezuelan President Nicolás Maduro.
The proposal, named the "2026 Financial Prediction Market Public Integrity Act," was formally introduced on Friday by New York Democratic Congressman Ritchie Torres. According to Axios, earlier, a user bet on Polymarket that Maduro would "step down" by the end of this month and made a profit of $400,000, triggering concerns about insider trading and accelerating the passage of the bill.
In a statement on Friday, Torres said: "Imagine if a Trump administration official bet on events like Maduro stepping down. As a government insider and a prediction market participant, this person would face the malign temptation to exploit policy for personal gain." He emphasized: "It is imperative to completely prohibit government insiders from profiting through prediction markets."
You may also like
Hyperbeat, to launch a "bank" on Hyperliquid
Crypto Market Macro Research: US-Iran Ceasefire, Time to Reassess Risk Assets
Is Bitcoin Forming a Bottom in 2026? How the Tariff Shock and Ceasefire Could Push BTC Toward $75K
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and the Iran ceasefire could shape BTC’s next breakout toward $75K.
Stablecoins Hit $315 Billion in 2026: Why This Is the Biggest Trend in Crypto Right Now
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and geopolitical signals could shape BTC’s next breakout toward $75K.
Tiger Research: A Comprehensive Analysis of the Most Profitable Businesses and Their Business Models in Crypto
Why is the ceasefire between the U.S. and Iran destined to be unsustainable?
Starting from the cryptocurrency world, what makes Hermes Agent the biggest challenger to OpenClaw?
Under-the-Radar Middle Eastern Player Set to Be the Star of the 2026 World Cup Prediction Market?
Turn AI into an individual execution system, Claude's latest Managed Agents Best Practices Guide
Why Is the US-Iran Ceasefire Doomed to Fail?
A Climbing Gym Owner's 30-Day AI Journey
Today's Release | Full Lineup of Guest Demos at "Super Creator Live"
Crypto OG, why has the Hermes Agent emerged as the top challenger to OpenClaw?
Kalshi's eight-year entrepreneurial history: A boxer in a suit steps onto the stage
Once you're over 25, you're already too old to be playing with meme coins.
Four New Frontlines Post Ceasefire | Rewire News Daily Brief
Holmez accepts Bitcoin for toll payment, how much can Iran earn?
When No One on the Team Wants to Sell: The Valuation Game at Anthropic Enters the “Seller Disappearance” Stage
Hyperbeat, to launch a "bank" on Hyperliquid
Crypto Market Macro Research: US-Iran Ceasefire, Time to Reassess Risk Assets
Is Bitcoin Forming a Bottom in 2026? How the Tariff Shock and Ceasefire Could Push BTC Toward $75K
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and the Iran ceasefire could shape BTC’s next breakout toward $75K.
Stablecoins Hit $315 Billion in 2026: Why This Is the Biggest Trend in Crypto Right Now
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and geopolitical signals could shape BTC’s next breakout toward $75K.
App