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Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi

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Stevie Bonifield
The Senate bans senators from prediction markets.

In a unanimous vote, the Senate passed a rule on Thursday that bars senators and their staff from trading on platforms like Polymarket and Kalshi, effective immediately, as CNBC reports. The ban follows growing concerns about insider trading — earlier this month, Kalshi banned three political candidates for bets related to their races.

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