The post Big Bet Takes Action to Block Prediction Markets in Brazil appeared on BitcoinEthereumNews.com. Betting companies have reportedly asked regulators to pauseThe post Big Bet Takes Action to Block Prediction Markets in Brazil appeared on BitcoinEthereumNews.com. Betting companies have reportedly asked regulators to pause

Big Bet Takes Action to Block Prediction Markets in Brazil

For feedback or concerns regarding this content, please contact us at [email protected]

Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby argues that prediction market contracts constitute bets and should be blocked, as these platforms are unlicensed in the country. Betting Lobby Attacks Prediction Markets in Brazil Betting companies have taken action […]

Source: https://news.bitcoin.com/big-bet-takes-action-to-block-prediction-markets-in-brazil/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.