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Brazil bans 27 prediction market platforms

AiCoin
AiCoin|4月 25, 2026 10:29
According to Cointelegraph, Brazilian authorities have banned 27 predictive market platforms, including Kalshi and Polymarket. According to Resolution 5.298 issued by the Brazilian National Monetary Council (CMN), contracts related to sports, politics, entertainment, or social activities are prohibited, only contracts linked to economic indicators are allowed, and are subject to financial market regulation. The resolution will come into effect in early May.
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