S&P 5007,773.95▲0.7% Nasdaq27,477.31▲1.1% Dow51,267.90▲0.2% Russell 2K2,847.14▲0.5% 10-Yr5.31%+3bp VIX15.52+0.21 WTI$89.70▼1.6% Gold$4,150.40▼0.3% EUR/USD1.122▼0.3% BTC$86,093▲0.4% Nikkei70,082▲0.2%
At close · Tue, Oct 6, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›Bill would bar federal candidates from trading predict…

Bill would bar federal candidates from trading prediction markets tied to elections

Reported · Written up by our desk · Regulation

Rep. Don Davis has introduced legislation that would bar federal candidates and their families from trading prediction market contracts linked to their own elections, according to The Block.

The proposal would extend the trading restriction to family members of the candidates, aiming to prevent conflicts of interest connected to election-linked prediction contracts.

← Newer storyOptions pricing implies traders see less than a 50% chance of $225

More like this

CryptoCuomo urges bipartisan digital asset legislation to make US crypto rules durable
CryptoAdam Iza sentenced to 6 years for $37 million Meta fraud scheme
CryptoCFTC publishes plan to regulate crypto exchanges
CryptoBill would fine candidates $10,000 for trading on their own elections
CryptoCrypto “Godfather” sentenced again for using off-duty deputies to harass rivals

Sources

The BlockRep. Don Davis introduces bill to stop federal candidates trading prediction market contracts tied to their own elections

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.