Brazil's largest bank, Itau Unibanco, has launched a cryptocurrency trading service, allowing its clients to trade Bitcoin and Ethereum, with plans to add more crypto assets gradually. The move signals a growing acceptance of cryptocurrencies in traditional banking. This comes as part of the broader trend of traditional financial institutions entering the crypto market, with Nubank also partnering with Talos to reduce crypto trading costs in Brazil, indicating a significant push into the crypto space in the country.
#WarrenBuffett-Backed #Nubank Collaborates With Circle and Talos to Increase #Crypto Access in Brazil https://t.co/WuJOQGgxCd
🇧🇷 Brazil’s Crypto Rails Get Boost from @Itau and @nubank Two of Brazil’s largest banks have announced efforts for their 195 million users to gain easier access to crypto. Read more: https://t.co/1jCKUhemFW https://t.co/2CeSR56o8r
Brazil's Banking Behemoth #Itau Unibanco Launches #Cryptocurrency Trading Services https://t.co/NNBwIu3dzE
ICYMI: Nubank partners with Talos to trim crypto trading costs in Brazil https://t.co/PplRUKW1C1
NEWS: As TradFi push into crypto continues, Brazil is a market to watch https://t.co/VKtTZixLxs
Brazil's Banking Behemoth #Itau Unibanco Debuts #Cryptocurrency Trading Services https://t.co/NNBwIu3dzE
Brazil's largest lender, Itau Unibanco, announced its entrance into the crypto market by introducing a trading service for clients on its investment platform https://t.co/QKl6d16Ns0
Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report https://t.co/5XPXutxgT5
BREAKING: Brazil's largest private bank Itau Unibanco to launch #Bitcoin and crypto trading service https://t.co/NVLrDvAagr
🇧🇷 Brazil's largest bank, @Itau, is rolling out cryptocurrency trading services for its clients, signaling a growing acceptance of cryptocurrencies in traditional banking. https://t.co/5XPXutwJ3x
Brazilian lender Itau launches crypto trading https://t.co/ZtT5hwpJ6p https://t.co/3UZS7JgV55
According to Reuters, Brazil’s largest bank Itau Unibanco announced the launch of a cryptocurrency trading service for users of its investment platform that will allow trading of BTC and ETH, and gradually add other crypto assets. https://t.co/Wk8sSHuSVd
🚨 Some Major news from yesterday🚨 - MicroStrategy spent $593M to add 16,130 BTC more to its holdings. - KyberSwap hacker responsible for draining $47M demands full control of the protocol - Brazil will impose 15% tax on crypto earnings held offshore - ARK Invest, Cathie… https://t.co/U2Z8ZvnlhH