Brazilian Congressman Proposes Bill to Ban Online Betting and Crypto Payments
Federal Deputy Chico Alencar (PSOL-RJ) introduced Bill 5.401/2026 on September 18, seeking to prohibit the operation of online casinos and the use of cryptocurrencies for betting platforms across Brazil. The proposal specifically targets platforms focused on virtual roulette and fast-cycle games.
Summaries are written by AI from the original article. Not investment advice.