Merkley-Raskin Bill Would Ban Election and Sports Contracts on US Exchanges

मुख्य बातें

• A proposed U.S. bill introduced by Merkley and Raskin aims to prohibit prediction market exchanges from offering election and sports contracts.
• The proposal, introduced on March 26, additionally targets U.S. government-action contracts while allowing a commercial-hedging exception defined by the CFTC.
• The legislation currently remains under review within a committee.

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