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Lula calls for greater Central Bank scrutiny of Pix betting payments

Regulation

Brazilian President Luiz Inácio Lula da Silva questioned whether the Central Bank should have detected repeated Pix transfers to a betting company during a 13 September broadcast. He said he was considering measures on online betting; reports about a possible provisional measure were disputed, with an unnamed minister quoted as saying it was not on the agenda.

Potential scrutiny of Pix transfers and online betting measures could affect payment flows and operators in Brazil.

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