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Brazil's tax revenue service may restart discussions on requiring financial technology firms to report transaction values, citing concerns over money laundering through lesser-known payment institutions.
Revenue service head Robinson Barreirinhas told a Senate hearing that the government still aims to extend its transaction-tracking intelligence to fintechs, despite public backlash that led to a suspension of the plan last year.
Authorities argue that fintechs, including those using the Pix instant payment system, should be subject to the same reporting rules as banks.
However, opposition to President Luiz In
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