Policy
Merkley-Raskin Bill Would Ban Election and Sports Contracts on US Exchanges
The Defiant·November 6, 2026·1 min read
The Merkley-Raskin Bill, proposed March 26, would ban election and sports contracts on US exchanges, also targeting US government-action contracts. A commercial-hedging exception is defined by the CFTC. The bill remains in committee, potentially impacting prediction markets and crypto-related derivatives if passed.
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