Itaú becomes first Brazilian bank to formalize crypto services under new rules
The lender notified the central bank ahead of an Oct. 30 deadline, while dedicated crypto providers must seek operating authorization.
Itaú Unibanco, Brazil’s largest private bank, has become the country’s first bank to formalize its cryptocurrency trading and custody operations under new digital-asset rules, submitting a notification to the central bank on Tuesday ahead of an Oct. 30 compliance deadline.