Brazil’s Central Bank Tightens Control Over Digital Payments

Brazil’s regulator is sending a clear message this week: the country wants tighter oversight of its rapidly evolving digital payments ecosystem.

Just as the Central Bank announced new security restrictions on Pix, capping transactions at R$ 200 (≈$35 USD) on unregistered devices with a R$ 1,000 daily limit to combat fraud, it also issued Resolution No. 561, an outright ban on using stablecoins and cryptocurrencies for cross-border payment settlements.