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Barroso Ends Free Transfer of Pix Amendments

Supreme Court President Luiz Fux has suspended the free transfer of Pix amendments, a decision that has been met with mixed reactions.


Postada em 24/09/2024 às 16:51
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The suspension comes after a request from the Central Bank of Brazil, which argued that the free transfer of amendments could lead to fraud and money laundering. The Supreme Court has agreed to review the case and will make a final decision in the coming months.

The free transfer of Pix amendments was introduced in November 2020 as a way to make it easier for people to send and receive money. However, the Central Bank has expressed concerns that the free transfer of amendments could be used to launder money or finance criminal activities.

The suspension of the free transfer of Pix amendments has been met with mixed reactions. Some people have welcomed the decision, arguing that it will help to prevent fraud and money laundering. Others have criticized the decision, arguing that it will make it more difficult for people to send and receive money.