Second US Bill in a Week Highlights Rising Scrutiny on Prediction Markets

[etfs]

The Public Integrity in Financial Prediction Markets Act is the second bill introduced in the same week targeting insider trading risks in prediction markets. It follows the earlier PREDICT Act, which focuses specifically on political and policy-related betting.

This surge in legislative activity shows how seriously regulators are beginning to view prediction markets. As platforms like Kalshi and Polymarket grow in popularity, lawmakers are moving quickly to ensure these markets operate fairly and do not become tools for insider advantage.

[mendez]

the introduction of multiple bills in a short timeframe suggests increasing regulatory urgency around prediction markets