The measure, which would affect international prediction markets, like Polymarket and Kalshi in Brazil, is part of a battle against illegal gambling by President Lula’s Administration. According to a technical note, these platforms would reproduce fixed quota bets, which are already regulated. Key Takeaways: Brazil’s National Monetary Council banned non-financial prediction markets on April 24 […]
The measure, which would affect international prediction markets, like Polymarket and Kalshi in Brazil, is part of a battle against illegal gambling by President Lula’s Administration. According to a technical note, these platforms would reproduce fixed quota bets, which are already regulated. Key Takeaways: Brazil’s National Monetary Council banned non-financial prediction markets on April 24 Read More Bitcoin News
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