Scan with your phone to get the appItaú becomes first Brazilian bank to formalize crypto trading activities.
Itaú Unibanco, Brazil's largest private bank, filed its notification with the central bank on October 27, completing the registration of its cryptocurrency trading and custody services and becoming the first Brazilian bank to do so under the new digital asset rules.
The bank offers 15 digital assets, including Bitcoin, Ethereum and USDC, through its Íon investment platform. The crypto trading service launched in December 2023 and was opened to all platform users in June 2024 after a phased rollout.
Because Itaú is already supervised by the central bank, it did not need a separate operating licence. The new regulatory framework, effective from February 2, 2026, requires existing financial institutions to notify and obtain technical certification by October 30, or cease crypto services within 30 days.
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