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Through the new digital asset feature, customers can now directly purchase and sell Bitcoin from the bank's app without needing third-party digital currency wallets.
Santander Brazil is also considering offering tokenization services to issue traditional market assets as blockchain-based tokens.
The Financial Services Agency has raised the alarm over the slow pace at which the digital assets self-regulatory body is carrying out its affairs, according to a source close to the JVCEA.
In addition to tokenization services, the tokenization platform will introduce digital assets custody services and token-as-a-service (TaaS) offerings.
The Financial Services Commission in South Korea has issued a decree that bars staff members of any digital currency exchange from trading their own tokens.