Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules
6 outlets · first seen 12h ago · latest 1h ago
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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Datafirst seen
Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules
Itaú Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of an Oct. 30 deadline.
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Crypto Briefing
Brazil’s banking giant Itaú registers crypto custody and trading services with the central bank
Ita's formal entry into crypto trading under Brazil's new regulations could accelerate mainstream adoption and reshape the financial landscape. The post Brazil’s banking giant Itaú registers crypto custody and trading services with the central bank appeared first on Crypto Briefing.
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crypto.news
Itaú becomes first Brazilian bank to formalize crypto trading
Itaú Unibanco, Brazil’s largest private bank, has formally registered its cryptocurrency trading and custody activities with the country’s central bank, becoming the first Brazilian bank to complete the notification process under the new digital asset regulations. According to a report…
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Bitcoin Magazine
Brazilian Banking Giant Itaú Formalizes Crypto Role as Brazil Closes Its Licensing Window
Bitcoin Magazine Brazilian Banking Giant Itaú Formalizes Crypto Role as Brazil Closes Its Licensing Window Itaú Unibanco, the largest private bank in Brazil, has formalized its role as a cryptocurrency service provider before the Central Bank of Brazil. The filing covers intermediation and custody of crypto assets, the same activities the regulator assigns to brokerage firms, according to local reports.…
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Blockonomi
Brazil’s Itaú Unibanco Becomes First Bank to Register Crypto Services
TLDR Brazil’s Itaú Unibanco becomes the first bank to file a crypto trading and custody notification under the new rules. Itaú Unibanco submitted its notification on October 27, ahead of the October 30 regulatory deadline. The bank offers 15 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and USDC. Itaú allows customers to invest in cryptocurrencies starting at 10 Brazilian reais through…
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Unchained
Itaú Files Crypto Notice With Brazil’s Central Bank, Days Before Banks’ Window Shuts
Itaú Unibanco formally told Brazil’s central bank on Oct. 27 that it operates as a provider of virtual-asset services, three days before the deadline for licensed banks already active in crypto, Valor Econômico reported. The notice covers two activities: buying and selling crypto for clients, and holding those assets in custody. Brazil’s rules group that pair under the broker category…