Bcb news and trends

Brazil Limits Pix Payments Amid Kidnapping Spree 

September 06, 2021
Pix, BCB, kidnappings, crime, ransom, regulations, international, Brazil
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Brazil Limits Pix Payments Amid Kidnapping Spree 

September 06, 2021
A rash of “lightning kidnappings” in Brazil has forced the country’s central bank to restrict use of the Pix payment platform.  As the Financial Times reported Monday (Sept. 6), these kidnappings involve people being grabbed off the streets and held until they made a cash transfer for ransom.  While these types of crimes aren’t new […]