Conselho Monetário Nacional
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- Polymarket records US$249m in Brazilian election contracts
Polymarket recorded US$249 million in trading on Brazil’s election, according to the report. Contracts included US$62 million on a Flávio Bolsonaro victory and US$48.5 million on Lula. The report says Brazil blocked Polymarket in April under a government measure covering 27 platforms, alongside a Monetary Council resolution barring derivatives tied to political, electoral, sports and entertainment outcomes.
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