Brazil's Itau eyes offering crypto services to retail clients

Representations of cryptocurrency Bitcoin plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration
Reuters/REUTERS

Itau's digital assets chief executive Vanessa Fernandes did not provide details on when such a platform could be available

Aluisio Alves, Reuters News

July 15, 2022

PHOTO
Representations of cryptocurrency Bitcoin plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration

SAO PAULO - Brazil's largest private lender Itau Unibanco Holding SA is considering offering services for retail clients to buy and sell cryptocurrencies, in the future, an executive said on Thursday.

Itau's digital assets chief executive Vanessa Fernandes did not provide details on when such a platform could be available.

The bank announced on Thursday a new token trading platform.

(Reporting by Aluisio Alves; Writing by Gabriel Araujo)

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