A Step Into the Cryptocurrency Market
The biggest private bank in Brazil, Itaú Unibanco, has just made a substantial entry into the bitcoin industry. In a significant step toward the integration of conventional banking with digital assets, the bank introduced a cryptocurrency trading service on December 4, 2023. This event marked a significant milestone. This action is a response to the growing demand for cryptocurrencies from organizations and people with high net worth all around the globe.
Offerings Made Initially and Plans for the Future
Trading in Bitcoin (BTC) and Ethereum (ETH), the two most significant cryptocurrencies, is initially available via the site. Guto Antunes, who is the head of digital assets at Itaú Unibanco, said that this is only the beginning, and he indicated that there are plans to extend to additional crypto assets in the future. This policy is in line with the changing regulatory environment as it…
