Brazil Advances Toward Regulated Prediction Markets
Brazil’s securities regulator has authorized the country’s first structured entry into the prediction market space, clearing the way for B3 to launch binary event-based derivatives aimed initially at professional investors. The approval signals the start of a regulated framework for financial-linked prediction contracts, while broader questions remain about how non-financial event markets will be supervised. The Brazilian Securities and Exchange Commission (CVM) confirmed that it has analyzed and approved new options contracts under existing regulations. In a statement, the regulator said […] The post Brazil Advances Toward Regulated Prediction Markets appeared first on World Casino News.
Brazil’s securities regulator has authorized the country’s first structured entry into the prediction market space, clearing the way for B3 to launch binary event-based derivatives aimed initially at professional investors. The approval signals the start of a regulated framework for financial-linked prediction contracts, while broader questions remain about how non-financial event markets will be supervised. The Brazilian Securities and Exchange Commission (CVM) confirmed that it has analyzed and approved new options contracts under existing regulations. In a statement, the regulator said […]
The post Brazil Advances Toward Regulated Prediction Markets appeared first on World Casino News.