Markets Key Facts —The ban. Brazil ruled prediction markets illegal in April and blocked around 28 platforms, including Polymarket and Kalshi. —The problem. Despite the block, the platforms keep drawing Brazilian users and media attention. —The rule. A central bank resolution bars derivatives tied to sports, politics or other non-economic events. —The scale. Global trading […] The post Brazil Banned Prediction Markets. They Keep Growing Anyway appeared first on The Rio Times.