Brazil’s Itaú Unibanco Becomes First Bank to Register Crypto Services

TLDR Brazil’s Itaú Unibanco becomes the first bank to file a crypto trading and custody notification under the new rules. Itaú Unibanco submitted its notification on October 27, ahead of the October 30 regulatory deadline. The bank offers 15 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and USDC. Itaú allows customers to invest in cryptocurrencies starting at 10 Brazilian reais through its banking platform. Brazil’s Resolution 520 requires eligible financial institutions to submit independent technical certification.