Coinbase Warns New U.S. Tax Rules Could Push Gamblers Toward Prediction Markets

According to a recent outlook from Coinbase, upcoming U. S. tax changes set to take effect in 2026 could significantly alter the economics of traditional gambling. The exchange argues that the new rules may create so-called “phantom income” for gamblers, increasing their tax burden even in losing years and potentially driving activity toward prediction markets instead source: https://www.ethnews.com/coinbase-warns-new-u-s-tax-rules-could-push-gamblers-toward-prediction-markets/