Brazil Blocks Polymarket and Kalshi in Betting Crackdown
Source ↗
👁 0
💬 0
Brazil blocked access to Polymarket, Kalshi, and up to 28 prediction market platforms.
Rules ban contracts tied to elections, sports, entertainment, and other real-world events.
Officials said the crackdown aims to reduce debt and social harm due to online gambling.
Brazil has blocked access to prediction market platforms, including Polymarket and Kalshi as part of a wider crackdown on what officials called illegal betting activity.
Finance Minister Dario Durigan said 27 platforms w
Rules ban contracts tied to elections, sports, entertainment, and other real-world events.
Officials said the crackdown aims to reduce debt and social harm due to online gambling.
Brazil has blocked access to prediction market platforms, including Polymarket and Kalshi as part of a wider crackdown on what officials called illegal betting activity.
Finance Minister Dario Durigan said 27 platforms w
Comments (0)