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Crypto· Crypto Regulation

Brazilian Banks Expand Crypto Offerings as Regulation Takes Hold

Major Brazilian banks including Itaú, Nubank, and Banco do Brasil have significantly expanded their cryptocurrency offerings to retail clients, with each institution now providing access to more than a dozen digital assets. Despite this rapid growth in client-facing crypto services, Central Bank filings show that none of these banks hold cryptocurrencies on their own balance sheets, maintaining a distinction between facilitating customer trades and taking proprietary positions.

about 14 hours ago

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