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.

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Ana Paula Candil

Senior Correspondent, Latin America


Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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