Bitcoin and Ethereum Trading Gets Green Light on Brazils Largest Digital Bank
-Nubank, Brazils largest digital bank, will soon allow customers to buy Bitcoin and Ethereum.
-The bank made the announcement on May 11, saying that customers would be able to buy the two cryptocurrencies for a minimum price of 1 Brazilian real.
-Customers will be able to buy these assets from existing accounts, and wont have to open specialized accounts.
-The bank also said that it may add new crypto assets in the future.
-David Vlez, CEO and co-founder of Nubank, said that cryptocurrencies have been growing in popularity and could have transformative effects.
Share this:
Related
More Stories
Crypto needs regulation to avoid washouts like FTX, says Coinbase CEO Brian Armstrong
FTX declared bankruptcy after revelations about its business practices led to a surge of customer withdrawals, without sufficient funds to...
Slight Bitcoin Bullishness Continues Despite Market Cap Drop
The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...
Ethereum to fuel bullrun to $2,000 in coming weeks
- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...
JPMorgan’s Recent Experiment Proves Crypto is Here to Stay!
Ethereum was created in 2013, laying the foundation for cryptocurrency to take the largest step in its evolution since the...
tWhy Bitcoin and Ethereum Investors Are Losing Money
- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...
“Bitcoin is Dead” – Mainstream Media 466 Times
The mainstream media has been publishing articles blaming crypto for the collapse of the FTX exchange and Sam Bankman-Fried's crypto...
