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.
Payment intermediaries face direct scrutiny and blocking requirements for transactions linked to unauthorised betting operators.