Key Takeaways:
68 PT lawmakers filed PL-1808/2026 to ban Brazil’s betting trade, establishing fines of as much as $385M for offending platforms. Ecoanalitica proposed a USD stablecoin to bypass Venezuelan forex controls and repair future SME commerce. Following the Center East battle, Latam surges as Trump’s actions make it a high funding goal.
Brazil’s Ruling Social gathering Information Invoice to Ban On-line Playing Totally as President Lula Stays Silent
Deputy Pedro Uczai (PT-SC) submitted PL-1808/2026 to the Chamber of Deputies on Tuesday, backed by 68 PT lawmakers. The invoice requires the complete repeal of all legal guidelines governing on-line betting launched underneath Brazil’s Bets Legislation, the regulatory regime that took impact on January 1, 2025.
The proposed prohibition extends throughout all the playing framework. In keeping with the invoice textual content, it will ban “the exploitation, operation, providing, availability, promotion, promoting, intermediation and processing of transactions associated to fixed-odds betting” all through the nationwide territory. Penalties would come with fines of as much as two billion Brazilian reais (roughly $385 million) and jail sentences of two to eight years, with aggravated penalties for instances involving minors or prison organizations. Platforms with multiple million customers can be required to take away playing promotional content material.
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Economist Proposes Nationwide USD Stablecoin to Remove Foreign money Controls in Venezuela
Because the Venezuelan financial system faces headwinds as a result of forex controls and the exclusion of small and medium enterprises from the greenback task system, cryptocurrencies may be a part of the answer.
In a current be aware, Alejandro Grisanti, founder and CEO of Ecoanalitica, an financial consulting agency, highlighted some great benefits of issuing a stablecoin to assist right greenback distribution points derived from the implementation of an public sale system that permits totally different trade charges for the dollar.
Grisanti proposes “the implementation of a system based mostly on stablecoins built-in into the formal monetary system, topic to strict regulation and that includes AML/KYC compliance mechanisms,” along with the managed import of money to permit small and medium-sized corporations with out banking accounts within the U.S. to function utilizing {dollars} within the native market.
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Latam Seen as Alternative Land by Traders Navigating Struggle
In wartime, traders regulate their portfolios to navigate the intricacies of warfare and keep their efficiency accordingly.
On this scenario, Latam markets, which have turn out to be a type of secure haven for traders, are rising as options that, in some methods, are remoted from the power disaster attributable to the continuing battle within the Center East as a result of their endogenous oil manufacturing.
Argentina and Brazil’s fiat currencies are among the many few which have appreciated in opposition to the greenback because the warfare began, and greenback bonds from Ecuador and Colombia, which have a major oil output, have additionally carried out properly of their class. Analysts additionally sign Venezuela as a future alternative, because the Trump Administration continues to push for modifications after it intervened within the nation in January.
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