Brazil's Finance Minister warns US terrorist classification of PCC and CV could impact Pix, banks, and fintechs
By
Laura Jordão
2d ago· 3 min readptNews
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Summary
Brazil's Finance Minister Dario Durigan warned that the US classification of Brazilian criminal factions PCC (Primeiro Comando da Capital) and Comando Vermelho as terrorist organizations could create risks for Brazil's financial system, including Pix (instant payment system), banks, fintechs, and investment funds. He expressed concern about potential discretionary sanctions by the US government against Brazilian financial institutions, which could have unintended collateral effects on the country's financial infrastructure.
Key quotes
· 2 pulledHá um receio das instituições financeiras de sofrerem com uma discricionariedade de instrumentos de ataque
A classificação do PCC e do Comando Vermelho como organizações terroristas pelos Estados Unidos pode gerar riscos ao Pix, a bancos, fintechs, fundos e outras instituições financeiras brasileiras
Dario Durigan diz que classificação de PCC e CV pelos Estados Unidos pode atingir Pix, bancos e fintechs no Brasil.
