— The Brazilian government has restricted prediction market companies, such as …

🇧🇷❌🎰📊 — The Brazilian government has restricted prediction market companies, such as Kalshi and Polymarket, from operating in the country

➡️ A resolution by the National Monetary Council, signed by the president of the Central Bank, Gabriel Galípolo, comes into effect on May 4 and prohibits betting on politics, sports, and entertainment.

❗️ Betting will only be allowed on matters directly related to the financial market, such as the dollar, inflation, interest rates, etc.