Merkley-Raskin Bill Would Ban Election and Sports Contracts on US Exchanges

Crypto Insight Summary: The March 26 proposal also targets US government-action contracts, with a commercial-hedging exception defined by the CFTC. It remains in committee. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Mid-term (1-8 weeks) Reasoning: The proposal remains in committee and narrowly targets specific contracts, with little direct crypto market impact.