Brazilian users either migrate to decentralized alternatives or switch to local licensed platforms, which may not be more transparent.

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CryptoFrontier
Brazil Bans Polymarket, Kalshi in Prediction Market Crackdown
Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The Banco Central do Brasil issued a resolution prohibiting the two leading prediction markets, Polymarket and Kalshi, from operating in the country due to non-compliance w
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