A bank in Brazil allows trading in digital currencies

Itau Unibanco (the largest bank in Brazil) announced that it will provide digital currency trading services to all its users through the bank’s internal investment platform Ion, which will allow customers to purchase Bitcoin (BTC) and Ethereum (ETH),

The bank indicated that banks are currently studying the advantages of offering digital currency opportunities and traditional financing services, and although this feature was launched in December, it was only available to specific consumers and was slowly expanded to include more users.

Itaú's head of digital assets said that acceptance of digital transactions was high, as customers trusted the bank's cryptocurrency custody solutions.

It is noteworthy that news reports that the Brazilian Congress is currently discussing a tax reform bill in order to simplify and modernize the country’s tax law, as the project proposes to unify many federal taxes into a single value-added tax, and reduce the corporate income tax rate #Brazil #Binance #bitcoin #cryptocurrency #central_bank $BTC 399574 15887$BNB