IMF praises Brazil’s most popular payment method, Pix

The International Monetary Fund (IMF) praised Pix as one of the main drivers of the transformation of the Brazilian financial system, but warned that the Central Bank needs financial and budgetary autonomy to maintain its supervisory capacity in light of the sector’s expansion. The conclusions can be found in the Financial System Stability Assessment report, released Thursday (Jul. 23). Notícias relacionadas: Tariff hike: Pix system challenges US financial control over Brazil. Tariff hike: New…