Brazil’s CMN bars sports and online gaming events from backing derivatives
Brazil’s National Monetary Council issued Resolution 5,298 on 24 April 2026, barring sports events, online games and political or cultural themes from serving as the basis for financial derivatives. The Brazilian Institute for Responsible Gaming welcomed the measure, saying it could prevent financial products from bypassing betting regulation.
The resolution defines which event-based products may underpin derivatives, affecting how betting-like products can be structured in Brazil.