Santander, one of the biggest financial institutions in the world, serving more than 153 million customers, announced plans to start offering cryptocurrency based services to customers in Brazil.
Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into the cryptocurrency services market. Other banks and fintech organizations are already offering crypto services in the country.Santander, one of the biggest financial institutions in the world, serving more than 153 million customers, has announced plans to start offering cryptocurrency-based services to customers in Brazil.
The announcement was made in an interview offered by Santander’s CEO in the country, Mario Leão, whoWe expect in the next few months to have definitions about it, who knows in the next release of quarterly results, or even before.Leão further recognized that the cryptocurrency market was “here to stay,” and that this move was more than just a reaction to other competitors entering the crypto market earlier.
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