I just saw that the U.S. Senate unanimously passed a resolution directly banning senators and their staff from participating in prediction markets.

This resolution amended Senate Rule 37, and it took effect immediately upon announcement, leaving no time for response.

Basically, it targets platforms like Polymarket and Kalshi.
In the past, quite a few public officials have bet on their own election prospects on these platforms, which caused quite a controversy when exposed.
Senator Bernie Moreno from Ohio pushed for this resolution, saying that working in Congress shouldn't be a new way to find personal profit.

Interestingly, Polymarket had already reached an agreement with the U.S. Commodity Futures Trading Commission in 2022, which theoretically prohibited U.S. users from trading.
Now, this Senate ban officially codifies the rule into law, which can be seen as a regulation for the entire prediction market industry.
What do you all think about this?