Brazil Slaps Banco Topazio With $3.2M Fine and 2-Year Kripto Trading Ban

The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2 million. Central Bank of Brazil Bans Banco Topazio From Conducting Kripto Trading Operations As banks enter the […]