Blumenthal proposes federal safeguards and state authority for prediction markets
US Senator Richard Blumenthal introduced the Prediction Markets Security and Integrity Act of 2026 on 11 March, with Senator Andy Kim as co-sponsor. The proposed bill would impose consumer protections, prohibit certain contracts and return regulatory authority to states; it would also restrict use of non-public information and require affordability checks for wagers above specified thresholds.
If enacted, the bill could impose new consumer protections, contract limits, state authority, information restrictions and affordability checks.