{"id":900179,"date":"2026-04-19T13:12:25","date_gmt":"2026-04-19T18:12:25","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/19\/latam-insights-brazil-seeks-online-gambling-ban-venezuelas-national-stablecoin-proposal\/"},"modified":"2026-04-19T13:12:25","modified_gmt":"2026-04-19T18:12:25","slug":"latam-insights-brazil-seeks-online-gambling-ban-venezuelas-national-stablecoin-proposal","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/19\/latam-insights-brazil-seeks-online-gambling-ban-venezuelas-national-stablecoin-proposal\/","title":{"rendered":"Latam Insights: Brazil Seeks Online Gambling Ban, Venezuela\u2019s National Stablecoin Proposal"},"content":{"rendered":"<p><strong>Welcome to Latam Insights, a compilation of the most relevant  <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" data-linkid=\"778783\" data-postid title=\"Learn about Cryptocurrencies\" target=\"_blank\">crypto<\/a> news from Latin America over the past week. In this edition, a draft to repeal all online gambling has been introduced in Brazil, a proposal to include  <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" data-linkid=\"778626\" data-postid title=\"Learn about Stablecoins\" target=\"_blank\">stablecoins<\/a> to help curb currency restrictions rises in Venezuela, and Latam surges as an investment opportunity amidst war echoes.<\/strong><\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>68 PT lawmakers filed PL-1808\/2026 to ban Brazil\u2019s betting industry, establishing fines of up to $385M for offending platforms.<\/li>\n<li>Ecoanalitica proposed a USD <span>stablecoin<\/span> to bypass Venezuelan currency controls and fix future SME trade.<\/li>\n<li>Following the Middle East conflict, Latam surges as Trump\u2019s actions make it a top investment target.<\/li>\n<\/ul>\n<h2>Brazil\u2019s Ruling Party Files Bill to Ban Online Gambling Entirely as President Lula Stays Silent<\/h2>\n<p>Deputy Pedro Uczai (PT-SC) submitted <a href=\"https:\/\/www.camara.leg.br\/proposicoesWeb\/fichadetramitacao?idProposicao=2508313\" target=\"_blank\" rel=\"noopener noreferrer\">PL-1808\/2026<\/a> to the Chamber of Deputies on Tuesday, backed by 68 PT lawmakers. The bill calls for the full repeal of all laws governing online betting introduced under Brazil\u2019s Bets Law, the regulatory regime that took effect on January 1, 2025.<\/p>\n<p>The proposed prohibition extends across the entire gambling framework. According to the bill text, it would ban <strong>\u201cthe exploitation, operation, offering, availability, promotion, advertising, intermediation and processing of transactions related to fixed-odds betting\u201d<\/strong> throughout the national territory. Penalties would include fines of up to two billion Brazilian reais (approximately $385 million) and prison sentences of two to eight years, with aggravated penalties for cases involving minors or criminal organizations. Platforms with more than one million users would be required to remove gambling promotional content.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/04\/brazilvenezuelalatam_nwmk-768x429.png\" alt width=\"1280\" height=\"715\"  ><\/p>\n<p><a href=\"http:\/\/news.bitcoin.com\/brazils-ruling-party-files-bill-to-ban-online-gambling-entirely-as-president-lula-stays-silent\/\">Read more.<\/a><\/p>\n<h2>Economist Proposes National USD <span>Stablecoin<\/span> to Eliminate Currency Controls in Venezuela<\/h2>\n<p>As the Venezuelan economy faces headwinds due to currency controls and the exclusion of small and medium enterprises from the dollar assignment system, <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrencies<\/a> can be part of the solution.<\/p>\n<p>In a recent note, Alejandro Grisanti, founder and CEO of Ecoanalitica, an economic consulting firm, highlighted the advantages of issuing a <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> to help correct dollar distribution issues derived from the implementation of an auction system that allows different exchange rates for the greenback.<\/p>\n<p>Grisanti proposes <strong>\u201cthe implementation of a system based on <span>stablecoins<\/span> integrated into the formal financial system, subject to strict regulation and featuring AML\/KYC compliance mechanisms,\u201d<\/strong> in addition to the controlled import of cash to allow small and medium-sized companies without banking accounts in the U.S. to operate using dollars in the local market.<\/p>\n<p><a href=\"http:\/\/news.bitcoin.com\/economist-proposes-national-usd-stablecoin-to-eliminate-currency-controls-in-venezuela\/\">Read more.<\/a><\/p>\n<h2>Latam Seen as Opportunity Land by Investors Navigating War<\/h2>\n<p>In wartime, investors adjust their portfolios to navigate the intricacies of war and maintain their performance accordingly.<\/p>\n<p>In this situation, Latam markets, which have become a sort of safe haven for investors, are rising as alternatives that, in some ways, are isolated from the energy crisis caused by the ongoing conflict in the Middle East due to their endogenous oil production.<\/p>\n<p>Argentina and Brazil\u2019s fiat currencies are among the few that have appreciated against the dollar since the war started, and dollar bonds from Ecuador and Colombia, which have a significant oil output, have also performed well in their class. Analysts also signal Venezuela as a future opportunity, as the Trump Administration continues to push for changes after it intervened in the country in January.<\/p>\n<p><a href=\"http:\/\/news.bitcoin.com\/latam-seen-as-opportunity-land-by-investors-navigating-war\/\">Read more.<\/a><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/latam-insights-brazil-seeks-online-gambling-ban-venezuelas-national-stablecoin-proposal\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Sergio Goschenko<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a draft to repeal all online gambling has been introduced in Brazil, a proposal to include stablecoins to help curb currency restrictions rises in Venezuela, and Latam surges as an investment opportunity amidst<\/p>\n","protected":false},"author":1,"featured_media":900180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23105,41371],"tags":[],"class_list":{"0":"post-900179","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insights","8":"category-latam"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/900179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=900179"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/900179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/900180"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=900179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=900179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=900179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}