Live Crypto News with @Bitcoin Bo - Jan 12th

U.S. lawmakers are pushing to ban federal officials and staff from using prediction markets after a controversial Polymarket bet on Venezuela’s leadership change sparked insider trading concerns. 

The proposed Public Integrity in Financial Prediction Markets Act would bar government insiders from betting on events they may influence or have non-public information about. 

Supporters say it’s about trust and transparency, while critics argue prediction markets help surface information faster.