U.S. Senate discusses prediction market issues and Parity Act updates

AiCoin2026/05/20 18:11

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The United States Senate Commerce Committee held a hearing on issues related to the prediction market industry, focusing on cheating scandals, advertising practices, and the potential impact on the gambling industry. Meanwhile, the latest version of the Parity Act has updated language related to payment stablecoins and requires the IRS to report on the implementation of the de minimis exemption.

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U.S. Senate discusses prediction market issues and Parity Act updates

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