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Gabriel Galípolo, the president of the Central Bank, highlighted the importance of this initiative. He emphasized that individuals would not be allowed to associate the names of well-known churches and reputable companies—such as banks or streaming services—with fraudulent corporate IDs in order to commit scams. This proactive measure is aimed at preventing fraud and protecting users, thereby ensuring a safer digital financial landscape.
It is worth noting that the Central Bank will not be deactivating the Pix keys of individuals or businesses due to payment delinquencies. This approach reflects a commitment to maintaining the integrity of the financial system while also safeguarding consumer rights.