Beta
    Brazil
    Sovereign Action
    Last verified 2026-04-25

    Brazil's Anatel Blocks 27 Prediction Market Platforms

    How Brazil's telecom regulator shut down Kalshi, Polymarket, Robinhood, and 24 others on April 24, 2026

    Two parallel mechanisms — read these together

    30-second answer

    On April 24, 2026, Brazil's Ministry of Finance — through the Secretaria de Prêmios e Apostas (SPA) — issued an ofício to telecom regulator Anatel directing internet service providers to block 27 prediction-market domains, including Kalshi, Polymarket, Robinhood Forecast, and 24 others. The block is administrative (not a court order) and operates at the DNS/IP layer for users inside Brazil. Sites are not taken down globally — only made inaccessible from Brazilian networks. This is a parallel mechanism to the CMN Resolução 5.298 financial-derivatives ban (effective May 4, 2026), not the same action.

    Editorial restraint contract

    1. We describe the SPA→Anatel mechanism. We do NOT call it good or bad.
    2. We do NOT recommend VPN circumvention. Brazilian law applies to Brazilian users.
    3. We translate Portuguese verbatim quotes accurately. We do NOT paraphrase named officials.
    4. We list 27 platforms because the SPA published 27. We do NOT add platforms not on the SPA list.
    5. We do NOT claim the B3 Apr 27 launch was coordinated with the Apr 24 block. Both are observed facts.
    6. We do NOT speculate on the Kalshi-XP carve-out outcome. CVM has not ruled.
    7. We do NOT echo dollar-figure losses from Brazilian retail. No named individuals. No named amounts.
    8. We do NOT cite VPN affiliate sites, crypto-press wrappers, casino.org, benzinga, or any banned-source domain.
    9. The narrativeShifts[] field is reserved for Tier-1 elite-press frame shifts (Bloomberg/Reuters/FT/WSJ/NYT only as primary; Folha/Globo/Valor/Exame as primary in pt-BR).

    1. What happened on April 24, 2026

    Pending verification

    Date: 2026-04-24 — approx. 14:00 BRT (coletiva at Palácio do Planalto)

    Issuing minister: Dario Durigan

    Ministry: Ministério da Fazenda — Secretaria de Prêmios e Apostas (SPA)

    Executing agency: Anatel (Agência Nacional de Telecomunicações)

    Mechanism: Ofício à Anatel → determinação a operadoras de internet → bloqueio de domínios

    Platforms named: 28 announced → 27 confirmed. Durigan announced 28 platforms; Ministry assessoria revised to 27 within hours (Valor confirmed one platform was removed from the list ahead of the announcement).

    2. The 27 blocked platforms

    Filters
    Showing 27 of 27
    DomainDisplay nameCategoryInfrastructurePM.US-listed
    kalshi.comKalshi
    US-global
    		Standalone
    polymarket.comPolymarket
    US-global
    		Standalone
    robinhood.com/forecastRobinhood ForecastTrader
    US-global
    		Kalshi-powered
    interactivebrokers.comIBKR ForecastTrader
    US-global
    		Kalshi-powered
    predictit.orgPredictIt
    US-global
    		Standalone
    oggie.marketsOG
    US-global
    		Standalone—
    fanaticsmarkets.comFanatics Markets
    US-global
    		Kalshi-powered—
    novig.usNovig
    US-global
    		Standalone—
    hedgehog.marketsHedgehog
    US-global
    		Standalone—
    predict.funPredict.fun
    US-global
    		Polymarket-powered—
    prophetx.coProphetX
    US-global
    		Standalone—
    stride.marketsStride
    US-global
    		Standalone—
    pred.exchangePRED Exchange
    US-global
    		Standalone—
    ruckusmarket.comRuckus Market
    US-global
    		Standalone—
    polyswipe.comPolySwipe
    US-global
    		Polymarket-powered—
    palpita.com.brPalpita
    BR-native
    		Standalone—
    cravei.com.brCravei
    BR-native
    		Standalone—
    previsao.betPrevisao
    BR-native
    		Standalone—
    vespera.betVéspera
    BR-native
    		Standalone—
    palpitano.com.brPalpitano
    BR-native
    		Standalone—
    previas.betPRÉVIAS
    BR-native
    		Standalone—
    voxfi.betVoxfi
    BR-native
    		Standalone—
    futuriza.betFuturiza
    BR-native
    		Standalone—
    eujasabia.betEu Já Sabia
    BR-native
    		Standalone—
    mercadopred.com.brMercadoPred
    BR-native
    		Standalone—
    palpitada.betPalpitada
    BR-native
    		Standalone—
    pliks.betPliks
    BR-native
    		Standalone—

    Every domain is sourced from the Valor / Exame consolidated list — we do NOT publish our own list.

    3. Named officials & verbatim quotes

    Dario Durigan

    Ministro da Fazenda

    Pending verification
    “Os mercados de predição não estão aderentes a essa regulação do Congresso Nacional e portanto violam a lei.”

    Translation: Prediction markets are not compliant with this regulation from the National Congress and therefore violate the law.

    Exame, 2026-04-24

    Régis Dudena

    Secretário de Reformas Econômicas, Ministério da Fazenda

    Pending verification
    “Esse mercado começou a se apresentar como um mercado de produtos financeiros, de venda de um valor mobiliário, chamado de derivativo. Ele tem os mesmos potenciais destrutivos das apostas.”

    Translation: This market started presenting itself as a market of financial products, of sale of a security called a derivative. It has the same destructive potentials as gambling.

    Forbes BR, 2026-04-24

    Miriam Belchior

    Ministra-chefe da Casa Civil

    Pending verification
    “A medida tem como objetivo evitar a consolidação de um novo mercado de apostas, o mercado de predição.”

    Translation: The measure aims to prevent the consolidation of a new betting market — the prediction market.

    Exame, 2026-04-24
    “França, Alemanha, Colômbia, Argentina e Itália, além de estados norte-americanos.”

    Translation: France, Germany, Colombia, Argentina, and Italy, along with US states.

    — Miriam Belchior (Casa Civil), 2026-04-24 coletiva — as quoted by Poder360

    Belchior named specific jurisdictions where this type of operation is prohibited; we render the actually-attested country list as quoted by Poder360. An earlier '50 countries' phrasing was removed (BLITZ #95) — no Tier-1 source attributes that figure to Belchior at the coletiva.

    4. How does the Anatel block actually work?

    1. SPA (Secretaria de Prêmios e Apostas) issues an ofício to Anatel listing the 27 named domains.
    2. Anatel relays the determination to Brazilian internet service providers (ISPs).
    3. ISPs implement DNS-level and/or IP-level blocking so that requests from inside Brazil resolve to a block page or fail outright.
    4. The sites themselves are NOT taken down — they remain reachable from outside Brazil. Only access from Brazilian networks is blocked.
    5. Durigan announced 28 platforms at the coletiva; the Ministério da Fazenda assessoria revised the count to 27 within hours after one platform was removed from the list ahead of publication.

    5. The B3 April 27 launch coincidence

    On 2026-04-27, B3 (Bolsa do Brasil) launches six economic-financial event contracts:

    BWI
    Ibovespa direction
    BBV
    Ibovespa volatility
    BWD
    USD/BRL direction
    BDO
    USD/BRL volatility
    BBI
    Bitcoin futures direction
    BBC
    Bitcoin spot direction

    Initial eligibility: investidores profissionais (>R$10M ou certificados pela CVM)

    Pending verification

    Observed timing fact. We do NOT claim coordination, intent, or that B3 will replace Polymarket/Kalshi for Brazilian retail.
    Exame Insight, 2026-04-24

    6. The Kalshi-XP carve-out: open question

    Kalshi-XP International partnership announced March 2026 for financial-event-contract distribution to Brazilian institutional clients. CMN Resolução 5.298 preserves an economic-financial-benchmarks carve-out (inflation, interest rates, price indices, commodity benchmarks). The kalshi.com domain was blocked Apr 24 by Anatel. Open question: can Kalshi continue institutional distribution via XP under the CMN 5.298 carve-out, given the parallel domain block?

    Our answer: We do not answer this. CVM has not issued public guidance as of 2026-04-25. We will update when a primary source emerges.

    7. What this means for users

    Brazilian users

    • Site access from Brazilian networks fails — DNS-level / IP-level block by ISPs.
    • We do NOT recommend VPN circumvention. Brazilian law applies to Brazilian users regardless of routing.
    • We do NOT name VPN providers, link to bypass guides, or describe workarounds.
    • Open positions on affected platforms: consult the platform's own customer-support channel — we do not speculate on close-out mechanics.
    • For individual situations consult a licensed Brazilian attorney; this page is not legal advice.

    US users

    Zero direct effect. Kalshi and Polymarket US operations remain live and unaffected — this is a Brazilian sovereign action against in-Brazil network access.

    Other jurisdictions

    Depends on jurisdiction. Consult the International Regulatory Actions Tracker for your country's posture. See the tracker.

    8. What this is NOT

    • This is NOT a court-ordered shutdown — it is an administrative action by Anatel via SPA ofício.
    • This is NOT a permanent end-state — Anatel can lift the block; affected companies may seek injunction.
    • This is NOT a CFTC or SEC action — different legal framework, different jurisdiction.
    • This is NOT the same as the CMN Resolução 5.298 ban — that is a parallel financial-derivative mechanism with effective date May 4, 2026.

    9. Primary sources

    Banned sources excluded: 30 domains (VPN-affiliate, crypto-press wrappers, casino affiliates).

    10. Companion pages

    Brazil CMN Resolução 5.298 — Financial-Derivatives Ban
    Companion mechanism — same week, parallel statute, effective May 4, 2026.
    International Prediction Market Regulatory Actions Tracker
    Cross-jurisdictional tracker — Brazil row references both the CMN and Anatel mechanisms.
    Kalshi & Other Prediction Market Platform Partnerships
    Kalshi-XP International partnership context for the carve-out open question.
    Are Geopolitical Prediction Markets Legal?
    Cross-border legality framework.
    Kentucky HB 904 — Prediction Market Geofence
    US-state parallel geofence-style restriction for cross-jurisdiction comparison.

    Frequently asked questions

    Update log

    DateNote
    2026-04-25Initial publication. Sourced from Valor / Exame / O Globo / Forbes BR / Folha / Reuters wire on Apr 24, 2026.
    2026-04-25Fix-queue: replaced Belchior 'mais de 50 países' phrasing with the actually-attested country list (França / Alemanha / Colômbia / Argentina / Itália + estados norte-americanos) per Poder360 verbatim. Source: primary-source review #95.

    Audit cadence: weekly through May 4 (CMN 5.298 effective date), then biweekly. Next audit due: 2026-05-04.