Brazil Issues Ban on Non-Financial Prediction Market Contracts

In recent developments, the measure, which would affect international prediction markets, like Polymarket and Kalshi in Brazil, is part of a battle against illegal gambling by President Lula’s Administration. According…

Brazil Issues Sweeping Ban Against Prediction Market Platforms

In recent developments, brazil’s Finance Ministry cited investor protection concerns and rising gambling addiction as it blocked platforms like Polymarket and Kalshi. Looking closer, market participants highlight key drivers such…

Latam Insights: Brazil Seeks Online Gambling Ban, Venezuela’s National Stab…

In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a draft to repeal all…

Brazil’s Ruling Party Files Bill to Ban Online Gambling Entirely as Preside…

In recent developments, the legislative caucus of Brazil’s Workers’ Party has filed a bill proposing an outright federal ban on online gambling, escalating what had been campaign rhetoric into formal…

Latam Insights: Global Pix, Mercado Libre Ends Token

In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, the Central Bank of Brazil…

Defying US Criticism, Brazil Mulls Pix’s Globalization

In recent developments, the bank announced that it is considering making Pix, a Brazilian instant payment network, available to other countries, allowing cross-border payments and remittances using this system. The…

How Brazil’s Instant Payment Network Pix Might Influence the Presidential E…

In recent developments, the recent attacks on the Pix system by the U.S. government evolved into a situation that might tilt the balance toward any of the candidates before the…

Brazil Passes Law to Use Seized Bitcoin, Crypto to Fund Public Security Measures

In recent developments, a new law in Brazil will allow authorities to seize digital assets like Bitcoin to help combat organized crime and fund public security. Looking closer, market participants…

Latam Insights: Ripple Accelerates Brazilian Expansion, Brazil Backpedals on …

In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Ripple makes moves to accelerate…

Latam Insights: Brazil Opens Crypto to Banks, Colombian Pension-Fund Manager …

In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil streamlines rules for…