CADE expands scrutiny of platforms
- Brazil’s competition authority CADE is expanding oversight that touches prediction-market blocks and virtual-asset payment links, raising questions for platforms serving Brazilian users. (x.com) - The immediate specifics called out include regulators treating prediction markets like Polymarket and Kalshi as gambling and scrutinizing virtual-asset ties to payments. (x.com) - That regulatory focus could disrupt how U.S.-based marketplaces and crypto-enabled payment services operate in Brazil if enforcement follows through. (x.com)