TechFlow reports that Itau Unibanco, one of Brazil's largest banking institutions, has launched a cryptocurrency trading service for its customers via its financial services platform Ion. Itau will initially offer access to two cryptocurrencies—Bitcoin and Ethereum—with the feature being gradually rolled out to all users.
Notably, Itau's move comes ahead of clear regulatory frameworks for these assets, following Brazil's central bank approving the country's cryptocurrency law in 2022.
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