Brazilian debt-relief measure bars credit operations linked to betting
Brazil’s Novo Desenrola debt-renegotiation programme bars credit operations directly linked to transferring funds for bets, according to the report. The provision is intended to prevent use of Pix credit to deposit with betting operators. The report says the measure’s wording does not name Pix credit explicitly, while lawyers interpret it as covering the payment method.
The provision could affect how bettors fund deposits and how financial institutions process credit-linked betting payments.