S&P 5007,533.77▼0.5% Nasdaq25,881.95▼1.5% Dow52,552.97▼0.2% Russell 2K2,974.57▼0.1% 10-Yr4.57%+2bp VIX16.73+1.06 WTI$79.00▼0.8% Gold$3,981.40▼1.6% EUR/USD1.145▼0.2% BTC$66,280▲1.6% Nikkei68,752▲1.5%
At close · Thu, Jul 16, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›Congress weighs role in sports betting prediction mark…

Congress weighs role in sports betting prediction market oversight

Reported · Written up by our desk · Regulation

The Block reports that lawmakers are considering whether Congress should set rules for sports betting prediction markets as regulators at the state and federal levels continue to disagree over who should oversee them. The outlet says the policy debate persists even as the broader regulatory fight between state and federal authorities remains unresolved, leaving the oversight structure for these prediction markets in question.

← Newer story30-year mortgage rates return to 6.75% as gasoline futures peak

More like this

CryptoCrypto lobby group TDC sues Illinois over planned 0.2% digital asset tax
CryptoCLARITY Act could expand CFTC authority over prediction markets
CryptoLummis CLARITY Act would treat some crypto as customer property in Chapter 7
CryptoCrypto Clarity Act faces new ethics enforcement fight in the Senate
CryptoTrump-backed ethics language bars federal officials from issuing crypto

Sources

The BlockCongress weighs its role as fight over sports betting prediction market oversight forges on

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.