Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make cryptocurrency investments via its platform, giving them the ability to purchase crypto assets in its app. This is reportedly the second financial institution that is providing these services in the country.
Brubank Introduces Cryptocurrency Services
Private Banks in Argentina are starting to see the value of offering cryptocurrency services to their customers amidst a crypto boom in the country. Brubank, an all-digital financial institution licensed by the country’s central bank, has reported it is now offering cryptocurrency purchase services in its app. The bank announced this new functionality on social media when answering an inquiry from a customer about the new options on the platform. Brubank stated:Yes, we already have crypto! It is a functionality that is being progressively enabled for all our users. When you have it enabled you will be able to view it by entering ‘Investments’ from the app.Brubank chose to offer only four cryptocurrencies on its platform, listing BTC, ETH, and two stablecoins: USDC and DAI.
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