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six. Individuals inside the method are issue to BCB regulatory requirements. They involve establishments regulated through the BCB along with other institutions that technically fall outdoors the regulatory perimeter but become issue to sure regulatory demands and supervision (as discussed under) Should they be allowed to be involved in Pix. While Pix action is generally carried out through domestic and overseas banks (about 57 percent on the once-a-year quantity of transactions), payment institutions and fintech entities are certainly not far driving (39 per cent), and the rest is usually comprised of credit unions (about four percent).
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