Brazil Warns U.S. Gang-Terror Label Could Reach Banks and the Pix Payment System

BRAZIL · FINANCE Key Facts —The warning: Finance Ministry executive secretary Dario Durigan said the US decision to designate Brazil’s PCC and Red Command gangs as terrorist organizations could pose an indirect risk to the country’s banks and its Pix payment system. —The mechanism: The concern is that institutions under US jurisdiction could be pushed […] The post Brazil Warns U.S. Gang-Terror Label Could Reach Banks and the Pix Payment System appeared first on The Rio Times .