Finance2 sources

Brazil's Itaú Unibanco formalizes crypto brokerage; Binance seeks license

  • Itaú Unibanco notified Brazil's central bank of its crypto trading and custody operations on Tuesday.
  • The notification came ahead of an Oct. 30 deadline for banks to formalize their crypto operations.
  • Binance is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.
  • Binance files for a Brazil crypto license ahead of a Friday deadline.
  • The central bank's new rules aim to regulate and formalize crypto operations in Brazil.
Brazil's Itaú Unibanco formalizes crypto brokerage; Binance seeks license | Split Angle