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Following Hacker Attacks, the Central Bank Wants Restrictions for "Fragile" Institutions.
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The Central Bank of Brazil (BC) plans to impose restrictions on access to Pix for institutions considered vulnerable from a cybersecurity standpoint. The study began after hacker attacks caused millions in losses in 2025 and affected companies responsible for connecting banks and other institutions to the Pix system. Among the measures planned for fintechs that do not meet the main security requirements are: time, day, and value limits for payme…
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