Itaú Launches Oranje with $210 Million Bitcoin Investment
Brazil's Itaú has invested $210 million in Bitcoin, establishing Oranje, a company aimed at building a strategic Bitcoin reserve. Led by former Swan Bitcoin CEO Guilherme Gomes, Oranje will offer:
- Direct Bitcoin exposure
- Tax and operational benefits
The initiative is supported by Itaú BBA and major law firms, enhancing confidence in Bitcoin for treasury strategies.
Argentina's National Securities Commission (CNV) is proposing regulations for tokenized securities, which would treat digital assets like stocks and bonds similarly to traditional securities. This initiative seeks public feedback and positions Argentina as a leader in digital finance.
In Panama City, residents can now pay municipal taxes with cryptocurrency. Payments are converted to US dollars through Towerbank's subsidiary, Towertrust, allowing compliant innovation without direct crypto handling.