Santander – DIGIT INFO

Banking Giant Santander to Offer Cryptocurrency Trading Services in Brazil

DIGIT — Thu, 27 Jun 2024 12:15:18 +0000

Santander, the multinational banking giant, has recently announced that it will start offering cryptocurrency trading services in Brazil. The bank will roll out this functionality to selected customers of Toro, its investment unit, this week and will gradually extend it to more users in the future. With this move, Santander joins Nubank and Itau Unibanco, […]

Go to Source

Crypto Biz: UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more

DIGIT — Sun, 03 Dec 2023 16:00:00 +0000

The United Arab Emirates increasingly attracts Web3 companies to its jurisdictions, becoming the center of global crypto innovation.

Go to Source

Santander offers Bitcoin, ETH trading for Swiss account holders: Report

DIGIT — Mon, 20 Nov 2023 11:36:21 +0000

High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication.

Go to Source

Santander, Crédit Agricole asset arm receives French crypto custody license

DIGIT — Thu, 22 Jun 2023 18:00:00 +0000

CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.

Go to Source

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

DIGIT — Mon, 26 Dec 2022 10:30:42 +0000

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new markets for these companies. Brazilian […]

Go to Source

Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’

DIGIT — Thu, 03 Nov 2022 19:30:07 +0000

On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ […]

Go to Source

After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile

DIGIT — Sun, 30 Oct 2022 20:30:20 +0000

After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied the requirements of the bank in the […]

Go to Source

Santander bank trials blockchain platform for used cars in Brazil

DIGIT — Mon, 24 Oct 2022 11:14:12 +0000

Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July.

Go to Source

Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC

DIGIT — Mon, 24 Oct 2022 03:30:57 +0000

Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate properties and cars for the Brazilian population. Santander Proposes Tokenization Platform […]

Go to Source

Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings

DIGIT — Sun, 09 Oct 2022 10:00:44 +0000

Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most significant volumes are moved using Tether’s stablecoin usdt. Institutions Are Holding More […]

Go to Source