The Pactual BTG announced the launch of a stable cryptocurrency, what will it have parity with the dollar and that, according to the Brazilian company, It is the first digital currency in the world that has been issued by a bank.
(See: Who is Do Kwon, the accused of causing the collapse of crypto).
The currency, called BTG Dol, will be available on the digital asset platform Mynt, owned by BTG Pactual, in which trading of bitcoin and 21 other cryptocurrencies is offered, including some stable listings.
The bank stated in a statement that it will be responsible for providing “the entire security framework for the asset, such as due diligence, anti-money laundering and compliance processes“.
(See: What is the regulation of cryptocurrencies in Colombia?).
bitcoin
EFE
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The new cryptoactive will allow investors ‘dollarize’ part of his assets in an “easier” way, according to the director of Digital Assets of the bank, André Portilho, quoted in the note.
(See: Celebrities charged with an illegal scheme to promote cryptos).
The BTG Pactual is the largest investment bank in Latin America, with assets that added 450,600 million reais (about 89,000 million dollars) at the end of 2022.
(See: How much do Colombians invest in cryptocurrencies and for what purpose?).
EFE
