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Banco Central reports no Pix blocks linked to illegal betting

Regulation

Brazil’s Banco Central said it received no communications from the SPA-MF and made no Pix account or key blocks linked to illegal betting after 25 September 2026. Resolução BCB 597 places responsibility for rejecting prohibited fixed-odds betting transactions on participating banks and payment institutions. The central bank said it has no centralised database of those blocks.

Payment institutions, rather than the Banco Central, must identify and reject prohibited betting transactions under the revised Pix rules.

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Enforcement & compliance

Brazilian government notifies 37 fintechs over funds linked to illegal betting

Brazil's government notified 37 fintechs in July 2026 over suspected transactions involving funds linked to 60 illegal betting operators, the report said. In June, the government had announced that financial institutions must block funds belonging to unauthorised betting platforms; the report also cited a 2025 rule requiring suspicious transactions to be reported to the SPA within 24 hours.

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