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Brazil bans prediction markets

Brazil bans prediction markets

Infiniti Intelligence Hourly Briefing
Brazil bans prediction markets — Resolution 5,298
Brazil's central bank bans derivatives on sports, politics and gaming — third such ban in Latin America.
#Brazil #PredictionMarkets

Kalshi and Polymarket eye $20bn valuations
WSJ reports talks valuing each near $20bn, after Kalshi's $1bn Series E at $11bn and ICE's $2bn Polymarket deal.
#Kalshi #Polymarket

Record $188B Q3 volume as Kalshi pulls ahead
Q3 volume hit $188B (+70% QoQ); Kalshi leads Polymarket since April, sports at 40% of volume.
#PredictionMarkets #Kalshi

Markets: Gold $4,150 | WTI $92.4 | BTC $82.5K | ETH $2.5K

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