itau

Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users

June 11, 2024 Bitcoin.com

Bitcoin (BTC)

Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and ether (ETH), a feature previously available to selected users. Brazilian Banking Giant Itau Unibanco Opens Cryptocurrency Trading Services for […]

Read more

Money that machines trust

Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot

January 16, 2023 Bitcoin.com

ADDX

Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2 million in bank credit notes, which were also distributed by Bradesco. Bradesco Launches Asset Tokenization […]

Read more

Money that machines trust

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

December 26, 2022 Bitcoin.com

bitcoin.com

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new markets for these companies. Brazilian […]

Read more

Money that machines trust

Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023

November 21, 2022 Bitcoin.com

bitcoin.com

Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible for this offering, which will be first available to customers of the bank, and then to third parties as a service. Brazilian Bank Itau Unibanco […]

Read more

Money that machines trust

Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution

August 29, 2022 Bitcoin.com

bitcoin.com

Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual […]

Read more

Money that machines trust

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year

August 27, 2022 Bitcoin.com

Banking

Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have […]

Read more

Money that machines trust

Santander to Offer Cryptocurrency Services in Brazil in the Coming Months

July 29, 2022 Bitcoin.com

bitcoin.com

Santander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into the cryptocurrency services market. Other banks and fintech organizations […]

Read more

Money that machines trust

Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities

March 5, 2022 Bitcoin.com

bitcoin.com

The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects from companies and organizations like Aave, Banco Santander, and Mercado Bitcoin […]

Read more

Money that machines trust