Prediction markets, crypto get bipartisan scrutiny at congressional hearing
Representative Austin Scott raised concerns that unregulated crypto oil markets are negatively impacting US gas prices.
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Representative Austin Scott raised concerns that unregulated crypto oil markets are negatively impacting US gas prices.
Congressional Republicans joined Democrats in scrutinizing prediction markets and crypto platforms, questioning CFTC Chair Michael Selig on insider trading and lack of US oversight in these emerging financial sectors.
Representative concerned by insider trading
President mentioned as context for administration policy
Ranking Member asking for contract data
Representative questioning mention contracts
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