Itaú Unibanco notified Brazil's central bank on Tuesday, ahead of an Oct. 30 compliance deadline, making it the first bank in the country to formalize crypto trading and custody under the new digital-asset rules, Valor Econômico reported. The framework lets central-bank-authorized banks use a notification process, while dedicated VASPs need operating authorization. Itaú offers 15 cryptoassets including bitcoin, ether and USDC, with the service running since December 2023. Resolution 520 took effect Feb. 2, giving active institutions 270 days to notify; latecomers must halt crypto services within 30 days.

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  1. First reportItaú registers with Brazil’s central bank to offer crypto trading to clients10 acc.
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Cited posts

  • @pete_rizzo_ The Bitcoin HistorianFirst reportOn X ↗

    BREAKING: 🇧🇷 BRAZILIAN BANKING GIANT ITAÚ JUST OFFICIALLY REGISTERED WITH THE CENTRAL BANK TO OFFER #BITCOIN TO CLIENTS THE LARGEST BANK IN ALL OF LATIN AMERICA THIS IS HUGE 🔥

  • @TheMoonShow The Moon ShowOn X ↗

    JUST IN: 🇧🇷 Brazil's banking giant Itaú has officially registered with the central bank to offer Bitcoin to its clients. Latin America's largest bank is making a major move into crypto! 🔥

  • @coinbureau Coin BureauOn X ↗

    JUST IN: $800B Itaú, Brazil’s largest bank, formalizes crypto trading, offering 15 assets including BTC, ETH, SOL and XRP.

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  • @CPOfficialtx CryptopolitanOn X ↗

    UPDATE: Brazil's largest bank, $800 BILLION Itaú, has officially expanded into crypto trading, offering customers access to 15 digital assets, including $BTC, $ETH, $SOL and $XRP. The move marks another major step toward mainstream crypto adoption in Brazil's traditional banking…

  • @Crypto_Briefing Crypto BriefingOn X ↗

    🇧🇷 NEW: Itaú Unibanco, Brazil's largest private bank, has notified the central bank of its crypto service provider status, formalizing trading and custody activities under new rules. Itaú has offered crypto asset trading since 2023 and currently supports more than 14 digital…

  • @cryptodotnews crypto.newsOn X ↗

    JUST IN: Brazil’s largest bank Itaú has formally launched crypto trading The bank is offering 15 digital assets, including $BTC, $ETH, $SOL and $XRP.

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