Brazil
🐒 Brazil🇧🇷: the Tax Authority published detailed guidelines for calculating and paying income tax on winnings from fixed-odds betting and fantasy sports Paid Members Public
🐒 Brazil🇧🇷: the Tax Authority published detailed guidelines for calculating and paying income tax on winnings from fixed-odds betting and fantasy sports To support these processes, the authority now provides citizens with a dedicated digital system. The service is available on the official website. ➡️ The guidelines specify when the tax applies
😱 Brazil🇧🇷: the regulator has blocked more than 27,000 illegal sites and plans to continue enforcement Paid Members Public
😱 Brazil🇧🇷: the regulator has blocked more than 27,000 illegal sites and plans to continue enforcement On March 4, during the SBC Summit Rio event, two representatives of Brazil’s betting market regulators — the Secretary of Lotteries and Betting at the Ministry of Finance and the Secretary for Sports Betting
💀 Brazil🇧🇷: the president stated that online casinos are “a tragedy affecting Brazilian households” and should be restricted Paid Members Public
💀 Brazil🇧🇷: the president stated that online casinos are “a tragedy affecting Brazilian households” and should be restricted President Luiz Inácio Lula da Silva stated that he is ready to cooperate with Congress and the judiciary to address this issue. However, no specific measures were announced. ➡️ Lula made these remarks in
🎉Argentina🇦🇷: Brazilian tourists will continue to be able to use “Pix”🇧🇷 in the country Paid Members Public
🎉Argentina🇦🇷: Brazilian tourists will continue to be able to use “Pix”🇧🇷 in the country For the second consecutive year during the summer holiday period (January–February in the Southern Hemisphere), the Central Bank of Brazil allows users to make purchases in Argentina using the Brazilian instant payment system #Pix. 🔺 How
⚡️Brazil🇧🇷 surpassed Argentina🇦🇷 in cryptocurrency adoption, using it for cross-border transfers and settlements in trade operations Paid Members Public
⚡️Brazil🇧🇷 surpassed Argentina🇦🇷 in cryptocurrency adoption, using it for cross-border transfers and settlements in trade operations This expansion has been supported by progressive regulation and the growth of crypto service providers operating under traditional financial standards). 🟰 Three Latin American countries rank among the global top-20 for active cryptocurrency usage: 🔘Brazil
💣Brazil🇧🇷: the instant payment system Pix is close to displacing credit cards from e-commerce Paid Members Public
💣Brazil🇧🇷: the instant payment system Pix is close to displacing credit cards from e-commerce Currently, according to surveys, Visa leads: 47% of consumers paid for their last online purchase with this card. However, Pix already stands at 45%, rapidly narrowing the gap. The study is based on a survey conducted
🎉Latam leads: according to projections from BPC🇨🇭 analysts, electronic payment growth in 2026 will be concentrated in the region Paid Members Public
🎉Latam leads: according to projections from BPC🇨🇭 analysts, electronic payment growth in 2026 will be concentrated in the region While the environment presents operational challenges, it remains dynamic and structurally expanding. Below are several key trends worth monitoring. 🟣 Acquiring modernization: reassessing approaches. Instead of replacing terminals, networks are focusing on
🙈Brazil🇧🇷: new reform could raise gambling tax to 42% Paid Members Public
🙈Brazil🇧🇷: new reform could raise gambling tax to 42% The proposal is not an isolated measure but part of a comprehensive restructuring of Brazil’s tax system, with direct implications for the gambling and betting industry. The ongoing reform of the tax framework could push the overall tax burden on