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Brazil blocks prediction platforms, tightens rules to curb 'bet-like' products

By Reuters April 24, 2026 Bearish
Brazil blocks prediction platforms, tightens rules to curb 'bet-like' products
Brazil has ​blocked prediction market platforms and tightened derivatives rules to curb "bet-like" products, ‌Finance Minister Dario Durigan said on Friday, arguing such markets breach betting regulations approved by Congress.
Brazil has ​blocked prediction market platforms and tightened derivatives rules to curb "bet-like" products, ‌Finance Minister Dario Durigan said on Friday, arguing such markets breach betting regulations approved by Congress.