The Iran war is bringing a new wave of pressure onto prediction markets

Sen. Chris Murphy is planning to introduce a bill to ban prediction market trading on government actions.

Tom Brenner/Getty Images

• Prediction markets have already been the subject of scrutiny in recent months.
• The Iran war is only adding more pressure.
• There's now a bill to ban the president, VP, and members of Congress from event contract trading.

Prediction markets like Kalshi and Polymarket were already dealing with growing skepticism in DC after the Venezuela raid.