Brazil: Senate adopted Bill establishing payment provider liability for unauthorised fixed-odds betting
Description
Senate adopted Bill establishing payment provider liability for unauthorised fixed-odds betting
On 17 December 2025, the National Congress of Brazil adopted Complementary Bill No. 128/2025 (PLP 128/2025) establishing tax liability for financial institutions and payment service providers that facilitate unauthorised fixed-odds betting. The Bill…
Scope
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2025-06-04
under deliberation
2025-12-17
adopted