Itau Unibanco Expands Crypto Trading Services to All Clients

IconCryptoNewsTerminal Staff12 Jun, 2024

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Itau Unibanco Expands Crypto Trading Services to All Clients

Itau Unibanco, Brazil's largest bank, has announced that it will be extending its cryptocurrency trading services to all its clients. The bank initially launched the crypto trading services in December last year with a limited clientele and initially offering only bitcoin and ether products. Itau now plans to expand its crypto offerings to include other cryptocurrencies. This move by Itau is a significant step in the adoption of cryptocurrencies in Brazil. It is a sign that the bank is confident in the future of cryptocurrencies and believes that they will become a mainstream asset class. The expansion of Itau's crypto trading services is likely to lead to increased interest in cryptocurrencies in Brazil. This could lead to a surge in the price of cryptocurrencies and make them more accessible to the general public.

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