Brazil’s Biggest Bank Recommends Bitcoin Allocation of Up to 3%

Itaú Unibanco, the largest private bank in Brazil and all of Latin America, has taken another major step toward institutional crypto adoption by formally recommending that clients allocate a portion of their portfolios to Bitcoin. The guidance comes from Itaú Asset, the bank’s asset management arm overseeing roughly $185 billion in assets. source: https://www.ethnews.com/brazils-biggest-bank-recommends-bitcoin-allocation-of-up-to-3/