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Kalshi co-founder Luana Lopes Lara vows to keep business in Brazil

Luana Lopes Lara, co-founder of prediction markets platform Kalshi, has committed to keeping the business in Brazil despite a ban imposed by the country’s National Monetary Council (CMN). Lara, a native of Belo Horizonte, stated her intention to overturn the ban, which she believes resulted from an unfair determination by the CMN. The council issued the ban on April 24, though specific reasons were not detailed in the excerpt. Lara’s background as a former ballet prodigy was also noted in the report.

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