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Rep. Bryan Steil introduce bill seeking to block congress from prediction market wagers

Jun 19, 2026

< 1 min read

by Collins J. Okoth

for CryptoPolitan

Rep. Bryan Steil introduce bill seeking to block congress from prediction market wagers

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AI Overview

A proposed bill would bar members of Congress from betting on political outcomes they learn about through their official duties. The measure aims to curb insider advantage and could affect crypto prediction markets, DeFi and CEX platforms offering political betting by improving market integrity while adding regulatory constraints.

Bearish

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The bill also seeks to prevent members of the congress on betting on any political outcome they learn about as a result of their job.

Read the article at CryptoPolitan

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