Bank News

Brazil’s largest bank Itaú Unibanco opened Bitcoin and crypto trading to all 60 million+ customers through its Ion investment app, a major milestone for adoption.

Two decisions yesterday by the Supreme Court, in National Rifle Association of America v. Vullo & Cantero, et al. v. Bank of America, N. A., have implications for current regulatory pressure on the Bitcoin ecosystem.

A group of Bitcoin advocates in Switzerland are urging the country’s central bank to add Bitcoin to its reserves. They aim to hold a referendum to amend the constitution to require Bitcoin reserves.

The success of the Bitcoin ETF has prompted Standard Chartered to increase its year-end price forecast and 2025 price projections.

Users can create individually owned, fully compliant bank accounts and use USDC stablecoin as the default deposit currency.

Senator Warren stressed that digital currencies are used as an avenue for criminal activities, and that must be addressed through stringent regulatory frameworks.

Itau Unibanco is starting with Bitcoin and ether as it seeks to build out a crypto services platform in line with local regulation.