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Prediction markets face scrutiny as lawmakers push to eliminate contracts on military and government actions.
Wall Street likes platforms that can monetize attention, but Washington tends to notice once that attention turns into incentives around the wrong topics.
The shift to “public order and good morals” language turns many crypto deals legally invalid, pushing losses onto individuals instead of platforms.
Polymarket is a blockchain-based prediction market platform that allows users to trade on the outcomes of real-world events.
