JUST

Bank

2024

Better

Base

Itaú Unibanco, the largest financial institution in Latin America, has now enabled crypto trading for all users of its Íon investment platform. This expansion allows clients to buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through the platform’s app.
<h2 class="p1" id="expansion-of-crypto-trading-on-the-on-investment-platform">Expansion of Crypto Trading on the Íon Investment Platform</h2>
The decision to open crypto trading to a broader audience came after weekly surveys conducted with an initial group of clients. These surveys indicated strong support for <a href="https://insidebitcoins.com/buy-cryptocurrency/new-cryptocurrency" rel="noopener noreferrer nofollow">crypto-related products</a>, according to Guto Antunes, head of Itaú Digital Assets. In an interview with the Brazilian newspaper Valor Econômico, Antunes highlighted the bank’s commitment to developing secure solutions internally rather than outsourcing them. He stated,
<blockquote>
 “We have a participation and partnership with Liqi, but nothing regarding custody. The entire custody solution was designed and implemented within Itaú with our fiduciary duty in mind.”
</blockquote>
The Íon investment platform has already achieved over 3.5 million downloads across Android and iOS devices, a milestone Antunes described as significant for <a href="https://insidebitcoins.com/buy-cryptocurrency/best-cryptocurrency-to-buy" rel="noopener noreferrer nofollow">the crypto space</a>. However, despite this high acceptance, the current offering remains limited to BTC and ETH. Antunes acknowledged that clients have been requesting additional tokens, which the bank is considering. These additional tokens will be added after a comprehensive regulatory risk assessment is completed.
<h2 class="p1" id="aiming-to-become-a-key-player-in-brazil-s-growing-crypto-market">Aiming to Become a Key Player in Brazil’s Growing Crypto Market</h2>
I<a href="https://www.itau.com.br/" rel="noopener noreferrer nofollow">taú Unibanco’s entry into the crypto market</a> in late 2023 marked the beginning of its efforts to compete with local entities like BTG Pactual’s digital assets unit Mynt and the crypto exchange MB, as well as global players such as Binance, within the Brazilian market. The crypto trading landscape in Latin America has become increasingly competitive, with major financial institutions and international giants vying for market dominance. This competition is driven by the growing demand for diverse crypto-related products and services and the need for robust security measures and regulatory compliance. This dynamic environment is fostering innovation and accelerating the adoption of cryptocurrencies across the Brazilian market.
Regarding the inclusion of stablecoins, Antunes mentioned that Itaú is waiting for clear <a href="https://www.bcb.gov.br/en/financialstability/regulation" rel="noopener noreferrer nofollow">regulations from Brazil’s central bank</a>. He did not provide specific details on the expected timeframe for this development.
In conclusion, Itaú Unibanco’s expansion of its crypto trading services through the Íon investment platform marks a significant step in the bank’s strategy to offer innovative financial products to its clients. With strong initial support and a robust internal security framework, the bank is well-positioned to become a key player in Brazil’s growing crypto market.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 JUST IN: Brazil’s largest <a href="https://twitter.com/hashtag/bank?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#bank</a> opens <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#crypto</a> trading for all <a href="https://twitter.com/hashtag/customers?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#customers</a>. <a href="https://t.co/i2l3ihKd5s" rel="noopener noreferrer nofollow">pic.twitter.com/i2l3ihKd5s</a>
 — cryptothedoggy (@cryptothedoggy) <a href="https://twitter.com/cryptothedoggy/status/1800806651995496636?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 12, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 class="p1" id="base-dawgz-a-promising-crypto-presale-with-unique-chain-leaping-features">Base Dawgz: A Promising Crypto Presale with Unique Chain-Leaping Features</h2>
Base Dawgz, a standout in this year’s crypto presale market, features a charismatic Shiba Inu mascot. This mascot, equipped with base jumping gear, is depicted soaring through the skies and bouncing off a trampoline, a vivid imagery showcased through an interactive scrolling system on its website. This <a href="https://insidebitcoins.com/visit/basedawgz" rel="noopener noreferrer nofollow">presentation highlights the token’s unique “chain-hopping” capabilities.</a>
Base Dawgz ($DAWGZ), developed on the <a href="https://insidebitcoins.com/visit/basedawgz" rel="noopener noreferrer nofollow">Base blockchain, is crafted as a meme coin unifier, aiming to bridge multiple crypto communities</a>. Leveraging technologies like Wormhole and Portal Bridge, $DAWGZ is a fully interoperable asset, capable of seamless transitions across blockchains such as Solana, Ethereum, Avalanche, and BNB Chain.
With a total supply of 8.453 billion tokens, Base Dawgz allocates 20% of its supply to its presale. The remaining tokens are distributed almost equally to support various tasks that foster a sustainable ecosystem around $DAWGZ. Initially priced at $0.00479, the token’s white paper outlines a structured price increase each week, underscoring the presale as a prime investment opportunity for potential maximum gains.
The engaging meme-centric appeal of Base Dawgz and its significant role in the ongoing Base crypto narrative are compelling reasons for investment. These elements are expected to contribute to $DAWGZ’s explosive debut once it lands on a cryptocurrency exchange.
<a href="https://insidebitcoins.com/visit/basedawgz" class="su-button su-button-style-3d" style="color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px" target="_self" rel="noopener noreferrer nofollow"><span style="color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> Visit Base Dawgz Presale</a>
<img decoding="async" class="wp-image-533741 aligncenter" src="https://insidebitcoins.com/wp-content/uploads/2024/06/base-1.png" alt="" width="450" height="260" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/base-1.png 981w, https://insidebitcoins.com/wp-content/uploads/2024/06/base-1-300x173.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/base-1-240x140.png 240w, https://insidebitcoins.com/wp-content/uploads/2024/06/base-1-768x444.png 768w" sizes="(max-width: 450px) 100vw, 450px">
Related News
<ul class="ul1">
 <li class="li2"><a href="https://insidebitcoins.com/news/brazils-central-bank-suspends-whatsapp-payments" rel="noopener noreferrer nofollow">Brazil’s Central Bank Suspends WhatsApp Payments</a></li>
 <li class="li2"><a href="https://insidebitcoins.com/buy-cryptocurrency/best-crypto-exchanges/binance-alternatives" rel="noopener noreferrer nofollow">Binance Alternatives – 10 Better Platforms</a></li>
 <li class="li2"><a href="https://insidebitcoins.com/bitcoin-brokers" rel="noopener noreferrer nofollow">Bitcoin Brokers – Top Cryptocurrency Brokers Reviewed</a></li>
 <li class="li2"><a href="https://insidebitcoins.com/news/8-things-i-wish-i-knew-before-starting-a-crypto-exchange-business" rel="noopener noreferrer nofollow">8 things I wish I knew before starting a crypto exchange business</a></li>
</ul>

Itaú Unibanco,Brazil’s Largest Bank Expands Crypto Trading to All Users

Table of Contents

Inside Bitcoins

Other articles published on Jun 13, 2024

Users Create and Transfer Unique Crypto Assets with Ravencoin

Nexura Studio, the Crypto Agency that’s Leading the Way in Web3 Marketing Innovation

Staking Rewards With MoonBag Presale Put Bitbot And Fetch AI To Shame

Bitcoin Prices Drop Despite Positive Inflation Data

Fantasy Extreme: A Revolutionary Fantasy Sports Platform Powered by ICP

BNB Chain & Binance Labs Launch BNB Incubation Alliance (BIA): Here’s Everything

Join our free newsletter for daily crypto updates!