Are these platforms really "gambling" or "prediction"? Slight differences in regulatory stance can lead to completely different conclusions.

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CryptoFrontier
Brazil Bans Polymarket, Kalshi Citing Investor Protections
Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The two leading prediction markets, Polymarket and Kalshi, were inaccessible to researchers in the country. Finance Minister Dario Durigan stated that approximately 28 plat
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