Trump softens his stance on prediction markets: Other countries are doing it, and the U.S. cannot be left behind

By: www.chaincatcher.com|2026/04/28 11:47:03

According to Cointelegraph, U.S. President Trump showed a noticeable softening of his stance just days after criticizing prediction markets. He stated, "I know some very smart people who like prediction markets. Many other countries are doing this, and if we don't do it, other countries will isolate us."

Previously, Trump had expressed his dissatisfaction with prediction markets at the White House, stating that the whole world has turned into a casino, and he "conceptually dislikes" such things.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

Why Aren't Trillion-Dollar Institutions Embracing Blockchain? EthSystems Founder: Privacy is the Fatal Constraint of 'Transparent' Ethereum

[Editorial] Web3: Stop Boasting About Technology and Prove Its Utility

The Web3 industry has explained too much over the past decade. Blockchain, decentralization, token economy, zero-knowledge proof, layer 2... The technology has become increasingly sophisticated, and the explanations have become more complicated.

Trump Faces Criticism Over Possible Transfer of Yosemite Land to Private Developer

An investigation indicates that the Donald Trump administration is considering transferring a strip of approximately 400 meters of Yosemite National Park to a company linked to Kingsbarn Realty Capital, in exchange for another yet-to-be-defined piece of land.

Rasonque Could Become a Blockbuster After Revolutionizing Pancreatic Cancer Treatment

Rasonque, the new treatment from Revolution Medicines for certain patients with pancreatic cancer, has received accelerated approval and could become one of the most lucrative oncology launches in history.

[Energy Analysis] The Next Bottleneck for AI Is Not GPUs... It's the Power Grid

Artificial Intelligence (AI) has begun to consume not only the world's semiconductors but also the power grid. For the past few years, the question in the AI infrastructure competition has been simple: Who can secure more GPUs?

[Energy Analysis] China’s Solar Power Dominates the World Yet Faces Deficits... The 'Paradox of Overproduction' Emerges

Chinese manufacturers, who dominate the global solar market, find themselves paradoxically unable to make profits. Leading Chinese solar companies JinkoSolar, JA Solar, and Tongwei all recorded significant losses in the first half of this year.
...

Contents

Latest articles

More

Latest coin listings on WEEX

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com