Itaú launches regulated crypto trading with 15 assets including Bitcoin and Ethereum
AI summary
Itaú, one of Brazil's largest banks, has formally launched crypto trading under the country's new regulatory framework, offering 15 digital assets including Bitcoin and Ethereum. The move signals that a major traditional financial institution sees regulated crypto trading as viable, which could push other Latin American banks to follow. Traders should watch for institutional flow into BTC and ETH from Brazilian retail and wealth clients as adoption broadens.
