CryptoWorld News: The U.S. Senate unanimously passed a resolution on May 1 prohibiting all senators and their staff from placing bets on political prediction market platforms, including Polymarket and Kalshi. The resolution was introduced by Republican Senator Bernie Moreno, and it also set a deadline in late May for the “Clear Act.” This is seen as a clear distinction by Congress between trading political events and commercial prediction market activities, reflecting Congress’s focus on political event trading. Kalshi also confirmed that it has proactively prevented members of Congress from participating, saying that this will increase market trust.

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