The STOP Corrupt Bets Act of 2026 aims to prohibit certain event contracts on prediction markets.
The STOP Corrupt Bets Act of 2026 amends the Commodity Exchange Act to prohibit the listing or trading of certain event contracts on prediction markets. These contracts include those related to political elections, sporting events, and military actions. The Act also mandates a study by the Comptroller General on prediction markets, focusing on insider trading and the impact on young individuals. The Act emphasizes that it does not preempt state laws regulating gambling.
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