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7 results for “Pix payment system”

Brazil's Election Divide Crystallizes Over Fiscal Rules, Lula Rejects PIX Privatization
The Brazilian presidential election battle centers on opposing fiscal visions as Lula pushes spending rules and rejects privatization of the successful PIX payment system.

Brazil Presidential Candidate Vows Vague ‘Adaptations’ to Widely Used PIX Payment System
Augusto Cury, a leading presidential candidate, promised to alter PIX, fueling uncertainty in the country's multi-billion dollar fintech sector.

Brazilian Presidential Candidate Augusto Cury Vows Pix 'Adaptations' Amid U.S. Trade War Threat
Presidential candidate Augusto Cury pledges "adaptations" to Brazil's popular Pix payment system, navigating a balance between its domestic popularity and the threat of a U.S. trade war over regulatory concerns.

Brazil Formally Invokes Reciprocity Law to Challenge US Tariffs on Grounds of Sovereignty
Brazil has activated a new economic retaliation law against significant US tariffs, citing American interference with its Pix payment system and judiciary.

US Section 301 Tariffs Hit Brazil Over Pix Payment System
The U.S. has imposed 25% tariffs on Brazilian industrial goods, citing unfair competition from Brazil's Pix instant payment system.

Pix Defies US Trade Backlash to Become Global Fintech Model
Brazil's Pix payment system faces US tariff pressure but continues its massive expansion, acting as a global fintech blueprint and a key bridge for crypto.

BRL Under Pressure as US Imposes 25% Tariffs on Brazil
The US is slapping 25% tariffs on Brazilian imports, threatening to squeeze Brazil's trade surplus and halting the Real's strong 2026 momentum.