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Prediction market bills unlikely to pass
The Block·
TD Cowen anticipates that legislation targeting prediction markets will not advance this year, despite ongoing bipartisan concerns. The firm identifies the 2028 presidential election as a significant future risk, suggesting that political campaigns could leverage such platforms, thereby increasing regulatory scrutiny. While current bills face an uphill battle, the potential for future political interference remains a key factor influencing the long-term outlook for prediction market operators and participants.
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fintech
Original Source
The Block — theblock.co