TD Cowen says prediction market bills unlikely to pass this year, flags 2028 election as ‘real threat’

TL;DR:

TD Cowen said policy risk remains high for prediction markets, flagging the 2028 election as the "real threat" as bipartisan concerns grow.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.