Isaac Sidney declares that the system is not anti-competitive in nature nor does it favor illicit activities
The president of , Isaac Sidney, said this Wednesday (June 3, 2026) that Pix is not responsible for creating “competitive advantage”differently “from other platforms”. When speaking to journalists at the 14th Lisbon Forum, he declared that “there must be some misunderstanding” by two North Americans.
The USA of 25% for Brazilian products, after completing an investigation that identified possible commercial practices in Brazil “unreasonable” what “burden or restrict” North American commerce.
“We are convinced that [o Pix] It is an important infrastructure for economic activity, for consumption. There is no difference that could lead to restrictions”declared Sidney.
The North American investigation was conducted by the USTR (Office of the United States Trade Representative). The document (in English – PDF – 915 kB) lists topics such as Pix, digital commerce, preferential tariffs, combating corruption, protecting intellectual property, access to the ethanol market and illegal deforestation as targets for the investigation.
Brazil will have until July 15 to present responses to the US complaints.
“We have the expectation that the Brazilian government, the Central Bank, the banking sector, the financial sector, will all be in a position to provide the information so that we have the necessary clarifications and do not have any consequences for Pix”disse Sidney.
He said he believed that “there must be some misunderstanding”since “It doesn’t make sense to see anti-competitive problems in Pix” or say that the modality “be it any route to flow illicit resources”.
There is concern that the North American government’s decision to classify the PCC and Comando Vermelho as foreign “terrorist” organizations could provoke sanctions against Pix. To the Poder360the Portuguese-language spokeswoman for the US State Department, Amanda Roberson, that this should not be the case.
Asked if the sector is preparing for possible sanctions, Sidney replied that he is working “with a peaceful setting” in relation to the topic.
“We do not have this view that there will be relevant impacts on the Pix system”these. “I don’t see any reason, I don’t see any reason for us to make any fuss, for us to see this as a crisis”he declared.
“EI think it’s a matter of clarifying information that will be provided in due course”he stated.
Read more about the 1st day of the 14th Lisbon Forum:
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