Itaú Unibanco formalizes crypto brokerage under Brazilian rules, CoinDesk reports
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
Itaú Unibanco has filed to formalize its crypto brokerage under Brazil's new rules ahead of an October 30 deadline, according to CoinDesk.
Itaú Unibanco notified Brazil's central bank to formalize its cryptocurrency trading and custody operations under the country's new digital-asset framework, CoinDesk reported. The filing makes the institution the first bank in Brazil to formalize operations under the regulatory regime ahead of an October 30 compliance deadline. According to CoinDesk, the lender currently supports 15 digital assets, including Bitcoin (BTC), Ether (ETH), and USDC, within a service first launched in December 2023.
Key facts
- Itaú Unibanco filed notice
- October 30 compliance deadline
- 15 cryptoassets offered
- Service launched December 2023