The Central Bank of Brazil fined Banco Topázio approximately $3.15 million and banned it from conducting over-the-counter crypto asset foreign exchange operations for two years.
ChainCatcher news, according to Times Brasil, the Administrative Sanction Procedure Decision Committee under the Central Bank of Brazil has imposed a fine of approximately 3.15 million USD on Banco Topázio and prohibited it from conducting over-the-counter foreign exchange business for virtual asset transactions for the next two years.
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