Day: 22 June 2026

Key Moments A House bill, titled the “Stop Lawmakers From Predicting Act,” would ban members of Congress and their families from trading prediction markets tied to political or government events. In addition, the proposal sets penalties of at least $2,000 or 10% of transaction value. It also requires forfeiture of any profits, which would go to the U.S. Treasury. Moreover, the bill follows recent Senate action that blocks similar activity for senators and staff. Overall, it reflects growing concern about insider trading risks. New House Proposal Targets Political Betting by…

Key Moments Russia’s Federation Council has approved a bill to cut online casino blocking times to 48 hours, with only presidential approval remaining. The reform aims to streamline a multi-step process involving the Federal Tax Service and Roskomnadzor that officials call slow and outdated. While regulators push for faster enforcement, the Ministry of Finance has reportedly floated a plan to legalize a limited number of online casinos with a 30% tax on annual profits. Regulators Move to Accelerate Website Blocking Russia is preparing to give regulators a far quicker tool…