Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers, considering the cryptocurrency market will be “very small.”
Bradesco Won’t Offer Cryptocurrency Services In Near Future
While many neobanks and traditional private banks are launching crypto investment services as part of their portfolio to keep customers using their services, others are still on the sidelines. Bradesco, the second biggest bank in Brazil and Latam in terms of assets, with more than 70 million customers, is still not interested in the cryptocurrency market.
Bradesco CEO Octavio de Lazari Junior issued his take on cryptocurrency and how he believes these investments will evolve in the country. For de Lazari Junior, The cryptocurrency market is still too small, with dangerous...
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