Antitrust Antitrust

Probe of bank discrimination against cryptocurrency operators reopened in Brazil

By Ana Paula Candil
  • 20 May 2020 15:52
  • 20 May 2020 15:52
Six Brazilian banks will continue to be investigated for alleged discrimination against cryptocurrency operators, the national competition authority's Tribunal decided today.

The agency's investigatory unit, the Superintendence, closed the probe in December on the grounds that banks' refusal to open accounts to cryptocurrency operators didn't prevent them from opening accounts at other institutions.

In a

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