Itaú Unibanco Registers as Brazil's First Bank for Crypto Trading and Custody
Brazil's largest private bank has formalized its cryptocurrency operations with the central bank under new regulations.
Brazil's largest private bank has formalized its cryptocurrency operations with the central bank under new regulations. This is an original TLT brief synthesising 3 outlets (Crypto Economy, Blockonomi, Crypto.news), plus live market data, as of Wed, 28 Oct 2026 17:30:04 UTC.
This marks a significant step in traditional financial institutions embracing crypto, setting a precedent for other Brazilian banks and potentially increasing mainstream crypto adoption in the country.
- Itaú Unibanco is the first Brazilian bank to complete crypto trading and custody registration with the central bank.
- The bank offers 15 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and USDC.
- The registration was completed ahead of the October 30 regulatory deadline.
- USDC circulating supply stands at $71.2B.
Multiple outlets (Crypto Economy, Blockonomi, and Crypto.news) confirm Itaú Unibanco's registration as the first Brazilian bank to formalize crypto trading and custody activities with the central bank. The registration was completed on October 27, ahead of the October 30 deadline, as reported by Blockonomi. While all outlets agree on the bank's pioneering role and the registration timeline, only Blockonomi specifies the number of cryptocurrencies offered (15) and names Bitcoin, Ethereum, Solana, XRP, and USDC as part of the offering. Crypto.news emphasizes Itaú Unibanco's status as Brazil's largest private bank, a detail not highlighted by other outlets.
Itaú Unibanco, Brazil's largest private bank, has formally registered its cryptocurrency trading and custody services with the country's central bank, becoming the first Brazilian bank to complete the process under new digital asset regulations.
The registration was submitted on October 27, ahead of the October 30 deadline, as reported by Blockonomi. This move allows Itaú to offer crypto services through an expedited pathway available to already-authorized financial institutions, rather than through the standard operating authorization required for dedicated virtual-asset service providers.
According to Blockonomi, Itaú Unibanco offers 15 different cryptocurrencies, including major assets like 
Bitcoin, 
Ethereum, Solana, XRP, and the stablecoin USDC. This positions the bank as a significant player in Brazil's emerging crypto market.
The development comes as Brazil's regulatory environment for digital assets continues to evolve, with the central bank taking a proactive approach to overseeing crypto activities. Itaú Unibanco's registration could set a precedent for other financial institutions in the country, potentially leading to increased adoption of crypto services by traditional banks.
In the broader market context, the total crypto market cap remains at $2.77 trillion, with Bitcoin showing a 24-hour gain of 0.90% and the overall market remaining relatively flat. The Fear & Greed Index stands at 51, indicating a neutral sentiment. The USDC circulating supply, as verified by DeFiLlama, is $71.2 billion.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Itaú Unibanco Registers as Brazil's First Bank for Crypt — questions & answers
What cryptocurrencies does Itaú Unibanco offer?
Itaú Unibanco offers 15 cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and USDC.
When did Itaú Unibanco register with the central bank?
The registration was completed on October 27, ahead of the October 30 deadline.
Why is Itaú Unibanco's registration significant?
It marks the first time a Brazilian bank has formalized crypto trading and custody services, potentially paving the way for wider adoption of crypto by traditional financial institutions.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Economy, Blockonomi, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.