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Brazil Bans Prediction Markets and Blocks Major Platforms

Brazil Bans Prediction Markets and Blocks Major Platforms

2026-04-26

Brazil Bans Prediction Markets and Blocks Major PlatformsBrazil has taken sweeping action against prediction market platforms in a major regulatory move. The government of Brazil has officially banned dozens of prediction platforms. Authorities also ordered internet providers to block access to sites like Polymarket and Kalshi within the country. The decision follows a new rule issued by the National Monetary Council (NMC). […]

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