Brazil’s SPA oversees betting regulation as iugu updates compliance protocols
Brazil’s Secretariat of Prizes and Betting (SPA) began overseeing and authorising the gaming and betting sector on 1 January 2025, the article said. Payment company iugu said it updated internal protocols to meet SPA and Central Bank requirements and held a meeting with SPA officials in Brasília in June.
iugu’s account of its compliance measures gives payment providers and operators context on Brazil’s regulatory requirements.