Brazil shuts crypto out of its official cross‑border payment pipes
Brazil’s central bank has barred crypto from settlement inside regulated eFX payment rails, forcing banks and fintechs back to fiat-only channels for cross‑border flows. Summary...
Tag : Brazil
Brazil bars crypto settlement in regulated cross-border payment rails
Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules...
Kalshi, Polymarket among 27 prediction platforms banned in Brazil
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry...
Brazil Issues Sweeping Ban Against Prediction Market Platforms
In brief Brazil blocked access to prediction market platforms including Kalshi and Polymarket, citing investor protection concerns. Finance Minister Dario Durigan said the platforms violated...