Regulation· ★★★· bullish·

Itaú registers with Brazil's central bank as crypto custodian and intermediary

  • —Itaú filed with the BCB to custody and intermediate crypto assets
  • —Existing VASPs must apply by October 29, 2026 to stay legal
  • —The bank already runs an Itaú Digital Assets unit for tokenization and custody
  • —Registration is not approval; the BCB review could take months
Why it matters: A top-tier bank entering the regulated crypto market on equal terms with exchanges signals consolidation and mainstreaming of the sector in Brazil.
Source: CriptoTendencias