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Market
Public opinion on Brazil's Pix policy handling by June 2025
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Brazilian•Federal Revenue Service•Pix•Fernando Haddad•Federal Revenue•Robinson Barreirinhas•Palácio do Planalto
Resolution / Starting Odds
Mostly Positive • 25%
Neutral • 25%
Mostly Negative • 25%
Mixed • 25%
Public opinion polls from reputable sources such as Datafolha or IBOPE
Story
Brazil's Lula Revokes Pix Monitoring Directive, Plans Provisional Measure for Free Use
Jan 15, 2025, 07:44 PM
The Brazilian government, led by President Luiz Inácio Lula da Silva, has decided to revoke a controversial directive from the Federal Revenue Service that aimed to increase monitoring of Pix transactions. The decision to reverse the measure, which required reporting transactions exceeding R$ 5,000 monthly for individuals and R$ 15,000 for businesses, was announced by Finance Minister Fernando Haddad and Federal Revenue Secretary Robinson Barreirinhas. The move comes in response to widespread negative feedback and a surge of misinformation suggesting that the government intended to tax Pix transactions. The government's decision to retract the directive was made after a meeting at the Palácio do Planalto, and it aims to address the public's concerns and counteract the spread of false information. Additionally, the government plans to introduce a provisional measure to reinforce the free use and privacy of Pix transactions, effectively equating Pix payments to cash transactions in terms of non-taxation and confidentiality.
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More supportive • 25%
Unchanged • 25%
Other • 25%
Less supportive • 25%
Highly effective • 25%
Moderately effective • 25%
Slightly effective • 25%
Ineffective • 25%
Luiz Inácio Lula da Silva • 25%
Nikolas Ferreira • 25%
Another opposition figure • 25%
No prominent opposition • 25%
Majority Support • 25%
Majority Oppose • 25%
Evenly Divided • 25%
Insufficient Data • 25%
Increased transaction limits • 25%
Introduction of new monitoring rules • 25%
Permanent tax prohibition • 25%
Other • 25%
Decreased • 25%
Other • 25%
Unchanged • 25%
Increased • 25%
Yes, with thresholds • 25%
Yes, without thresholds • 25%
No • 25%
Other • 25%
Predominantly negative • 25%
Indifference • 25%
Widespread support • 25%
Mixed reactions • 25%
No change • 25%
Slightly improved • 25%
Significantly improved • 25%
Worsened • 25%
Privacy issues • 25%
Other • 25%
Public backlash • 25%
Misinformation concerns • 25%