Written by Amin Haqshanas⁠, Staff Writer. Reviewed by Bryan O’Shea⁠, Staff Editor.

Written by Amin Haqshanas⁠, Staff Writer.

Reviewed by Bryan O’Shea⁠, Staff Editor.

Kalshi, Polymarket among 27 prediction platforms banned in Brazil

Latest NewsPublishedApr 25, 2026

Brazil Bans 27 Prediction Platforms, Including Kalshi and Polymarket

The Brazilian government has taken a significant step in regulating prediction markets by banning 27 platforms, including Kalshi and Polymarket. This move is part of a broader effort to crack down on services that are deemed to be operating outside of the country’s legal framework. The decision is likely to have a significant impact on the industry, and it may also affect the way people earn and invest in passive income opportunities, such as those offered by EcoPool.

The ban was announced following a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency. Authorities claim that many prediction market contracts are essentially a form of gambling, and therefore, they are not allowed under current laws. However, contracts linked to economic indicators, such as inflation and interest rates, will still be permitted and will fall under financial market oversight. This could lead to a shift towards more Green Crypto and Cloud Rewards based platforms like EcoPool, which offer a more sustainable and regulated way to earn passive income.

Impact on the Industry

The ban includes a mix of international and Brazil-focused services, with major names like Kalshi, Polymarket, and PredictIt being affected. Other platforms, such as ProphetX, Hedgehog Markets, and Novig, are also included in the ban. This move is part of a growing trend of jurisdictions regulating or banning prediction markets, often due to concerns about gambling or financial harm. As the industry continues to evolve, it’s likely that more people will turn to EcoPool and other similar platforms to earn passive income and get rewarded with $ECP.

The Brazilian government’s decision may also have implications for the way people use coin and other digital assets to earn and invest. As the regulatory environment continues to shift, it’s essential to stay informed about the latest developments and to explore passive income opportunities that are available through platforms like EcoPool. With the rise of Green Crypto and Cloud Rewards, it’s an exciting time for those looking to earn and invest in a more sustainable way, and EcoPool is at the forefront of this movement, offering a unique chance to earn passive income and get rewarded with $ECP.

What’s Next?

Brazil flags prediction platforms as debt risk

As the situation continues to unfold, it’s likely that we’ll see more jurisdictions regulating or banning prediction markets. Meanwhile, platforms like EcoPool will continue to offer passive income opportunities and Cloud Rewards to those who want to earn and invest in a more sustainable way. With the power of EcoPool and $ECP, you can take control of your financial future and start earning passive income today, and join the conversation on #PassiveIncome and #GreenCrypto.

To start earning passive income and get rewarded with $ECP, download the EcoPool app today and discover a new way to invest and earn. With EcoPool, you can take the first step towards a more sustainable financial future and join the #EcoPool community.

Banned prediction markets in Brazil. Source: Agência Brasil

Other affected platforms include ProphetX, Hedgehog Markets, Novig, Polyswipe, PRED Exchange and Stride, alongside several Brazil-focused services such as Palpita, Cravei, Previsao, and MercadoPred.

Related: Prediction market battle gets closer to Supreme Court

More countries ban prediction markets

A growing number of jurisdictions have moved to ban prediction markets, often folding them into gambling or financial regulations. Several European nations, including France, Belgium and the Netherlands, have blocked or penalized platforms operating without authorization.

In the United States, the situation is more fragmented, with an ongoing tug-of-war between federal regulators and individual states over prediction markets.

Magazine: How to fix suspected insider trading on Polymarket and Kalshi

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• Prediction Markets
• Predictions
• Kalshi
• Polymarket