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All 11 Senate Banking Democrats Urge Formal Hearing on Prediction Markets

Source
JH Kim

Summary

  • All 11 Democratic members of the U.S. Senate Banking Committee said they are urging a formal hearing on prediction markets.
  • The Democratic lawmakers said they are asking Senate Banking Committee Chairman Tim Scott to hold a hearing on prediction markets.
  • The Democratic lawmakers said a formal Senate Banking Committee discussion is needed in addition to the prediction markets roundtable attended only by Republican lawmakers.

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All 11 Democratic members of the U.S. Senate Banking Committee have called for a formal hearing on prediction markets.

The lawmakers are asking Senate Banking Committee Chairman Tim Scott to hold a hearing on prediction markets, crypto-focused media outlet The Block reported on September 23.

The push comes as the committee is reportedly set to hold a prediction-markets roundtable attended only by Republican lawmakers.

Democrats say a formal Senate Banking Committee discussion on prediction markets is needed in addition to the roundtable.

Photo: Shutterstock
Photo: Shutterstock
#Prediction Market
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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