Itaú Unibanco registers crypto trading and custody operations with Brazil's central bank
Itaú Unibanco has notified the Central Bank of Brazil of its digital asset trading and custody operations under new regulatory rules, beating an Oct. 30 compliance deadline.
Itaú Unibanco, Brazil's largest lender, has formally registered its cryptocurrency trading and custody operations with the Central Bank of Brazil. CoinDesk reported that the bank notified the regulator on Tuesday, two days ahead of an Oct. 30 deadline, making it the first bank to formalize digital asset brokerage under Brazil's new regulatory framework.[3][4][8]
According to BSCNews, the registration took place under Brazilian Resolution 520 after the bank submitted technical documentation required by the central bank. Itaú's offering covers 15 digital assets, including Bitcoin, Ether, Solana, XRP, and USDC. Cointelegraph noted that the full registered roster also includes LINK, LTC, AAVE, AVAX, POL, BCH, UNI, OP, ARB, and PAXG, with CoinGape reporting that user investments start at R$10.[1][5][10][11][12]
The formalization expands access across the bank's massive retail base, which outlets like CryptoSavingExpert and Whale Insider estimate at 70 million customers, while Bitcoin Magazine puts the figure at 98.5 million. Crypto Briefing added that Itaú has offered crypto asset trading since 2023, and the formal notification cements its digital asset broker standing under the country's tightening supervisory standards.[2][6][7][9][13]
Key facts
- Itaú Unibanco notified Brazil's central bank of its crypto trading and custody operations ahead of an Oct. 30 deadline.
- Itaú Unibanco is the first commercial bank to formally register digital asset brokerage under Brazil's new central bank regulations.
- The registration was completed under Brazilian Resolution 520.
- The bank offers trading and custody across 15 digital assets, including BTC, ETH, SOL, XRP, and USDC.
- CoinGape reported that crypto investments through Itaú start at R$10.
- Reports place Itaú Unibanco's customer base between 70 million and 98.5 million.
- According to Crypto Briefing, Itaú has offered digital asset trading since 2023.
Sources · 13 sources
- BS
BSCN@BSCNewsPost on X ·
Brazil's largest bank is set to offer XRP, BTC, and ETH services Itaú Unibanco has officially registered its digital asset trading and custody activities under Brazilian Resolution 520. This marks the first time a commercial bank in Brazil has been authorized to act as a digital asset broker. The bank had already submitted all required technical documentation for registration by the October 30 deadline set by Brazil's Central Bank. This ensures continued activity in the portfolio of 15 digital assets, including $XRP, $BTC, $ETH, and $USDC. Crypto regulation in Brazil is tightening, and the big banks are leading the charge.
Open source - C®
CryptoSavingExpert ®@CryptoSavingExpPost on X ·
Brazil’s largest bank, Itaú Unibanco, has registered its crypto trading and custody services under the country’s new rules. With 70M customers, this is another major traditional finance player moving deeper into crypto. https://t.co/Shz6x6P8SR
Open source - CO
CoinDesk@CoinDeskPost on X ·
NEW: @Itau Unibanco becomes the first bank to formally register crypto trading and custody operations with Brazil's central bank, two days before the Oct. 30 deadline. https://t.co/HPKYzw5jkl
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: Brazil's largest bank Itaú Unibanco becomes first bank to formalize crypto trading and custody under new central bank rules
Open source - CN
crypto.news@cryptodotnewsPost on 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. https://t.co/zEfz5qxpRg
Open source - BL
BlockNews@blocknewsdotcomPost on X ·
🚨 JUST IN: Brazil's largest bank, Itaú Unibanco, with 70 MILLION customers, registers its cryptocurrency trading and custody services under the country's new regulations! https://t.co/fL9vxF5L55
Open source - BM
Bitcoin Magazine@BitcoinMagazinePost on X ·
JUST IN: 🇧🇷 Brazil's largest bank Itaú Unibanco becomes the first bank to be a crypto service provider under the country’s new digital-asset rules. 👀 This allows their 98.5 million customers to have Bitcoin trading and custody through the bank! 🚀 https://t.co/RWzmST7roA
Open source - CO
CoindeskArticle ·
Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules Itaú Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of an Oct. 30 deadline.
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: 🇧🇷 Itaú Unibanco, Brazil’s largest bank with 70 million customers, has registered its crypto trading and custody services under the new rules. https://t.co/o9APEpcoF4
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🇧🇷 NEW: Brazil’s largest private bank, Itaú Unibanco, becomes the first bank to formalize crypto trading and custody under new central bank rules. The bank offers 15 crypto assets: • BTC • ETH • SOL • XRP • USDC • LINK • LTC • AAVE • AVAX • POL • BCH • UNI • OP • ARB • PAXG
Open source - CO
CoinGape@CoinGapeMediaPost on X ·
🚨 #Brazil’s Itaú Becomes First Bank to Register Crypto Services #Itaú has registered crypto #trading and custody services, offering 15 cryptocurrencies with investments starting at R$10. 🔗 Full story in comments
Open source - CB
Coin Bureau@coinbureauPost on X ·
JUST IN: $800B Itaú, Brazil’s largest bank, formalizes crypto trading, offering 15 assets including BTC, ETH, SOL and XRP.
Open source - CB
Crypto Briefing@Crypto_BriefingPost on 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 assets, including Bitcoin, Ether and USDC.
Open source