Kalshi and Polymarket Face Ban in Brazil’s Prediction Markets Crackdown

Brazil has imposed a ban on prediction market contracts on April 24, targeting platforms such as Kalshi and Polymarket. The move followed the National Monetary Council’s Resolution No. 5,298, which cited investor protection, market integrity, and derivatives compliance as key reasons for the crackdown. According to the report, the measure covers contracts tied to sports, […] Read The Full Article Kalshi and Polymarket Face Ban in Brazil’s Prediction Markets Crackdown On Coin Edition.