Story Highlights* Coinbase warns a new US tax law could raise gambling taxes from 2026, pushing bettors away from casinos and toward prediction markets.
Limits on deducting gambling losses may create “phantom income.” Coinbase says prediction markets could gain a tax and regulatory edge.
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Coinbase Explains How New US Tax Rules Could Hurt Gamblers and Boost Prediction Markets
Story Highlights* Coinbase warns a new US tax law could raise gambling taxes from 2026, pushing bettors away from casinos and toward prediction markets.