Trump's Tax Rule Boosts Blockchain Prediction Markets
Update: 2025-12-22
Description
New Tax Rule Could Boost Blockchain Prediction Markets: Gamblers may flock to blockchain prediction markets starting in 2026 due to a new tax rule in President Trumps One Big Beautiful Bill Act. The rule limits deductions for gambling losses against winnings, making traditional betting less appealing. Prediction markets on the blockchain, using financial contracts similar to derivatives, could dodge some tax pitfalls, making them a smarter option. The sector saw huge jumps in trading volume in 2025, positioning them as a core part of the onchain economy.
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