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Brazil's largest bank, Itaú Unibanco, has formalized its cryptocurrency brokerage services in accordance with new regulations, becoming the first in the country to do so.
Brazil's largest bank, Itaú Unibanco, has officially formalized its cryptocurrency brokerage business in accordance with new regulations, becoming the first in the country to do so. The bank notified the Central Bank of Brazil of its crypto trading and custody operations on Tuesday, ahead of the October 30 compliance deadline. Itaú Unibanco offers 15 crypto assets, including Bitcoin, Ethereum, and USDC.
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