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Crypto Ban on Betting? Aécio Neves Proposes Veto on Cryptocurrency Use in Brazilian Online Gambling

July 8, 2026•01:09 PM

The Brazilian online gambling landscape faces a potential overhaul following the introduction of Bill 3.545/2026 by Federal Deputy Aécio Neves. This legislative move aims to explicitly prohibit the use of cryptocurrencies within fixed-odds betting platforms, targeting the intersection of digital assets and gambling.

This proposal is driven by growing concerns regarding rising household debt across Brazil. By restricting the integration of crypto assets into the betting industry, lawmakers aim to implement stricter financial safeguards and curb the rapid expansion of gambling-related liabilities among the population.

Federal Deputy Aécio Neves (PSDB-MG) filed a new bill this Wednesday (8), numbered 3.545/2026, which proposes significant changes to the current legislation governing fixed-odds betting in Brazil. The core of the proposal is an express ban on the use of cryptocurrencies for transactions and wagering on online gambling platforms.

Neves justified the initiative by highlighting the alarming rise in debt among Brazilian families. The legislator argues that restricting the use of crypto assets in the 'betting' ecosystem is a necessary step to protect household finances and regulate the volatile flow of digital capital in high-risk gaming environments.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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