Crypto
Brazil blocks Kalshi and Polymarket, citing investor protection
Brazil has blocked prediction market and betting platforms including Kalshi and Polymarket, saying they did not comply with local derivatives trading rules and could harm investor protection and market integrity. The central bank bans derivatives linked to real or virtual events such as sports, online games and politics. Finance Minister Dario Durigan said about 28 platforms were blocked. Polymarket is already blocked in more than 30 countries.
