Nubank, Latin America's Top Digital Bank, Secures U.S. License for Bitcoin and Crypto Custody Services

In a major regulatory breakthrough, Nubank, the largest digital bank in Latin America, has obtained a critical license to operate as a cryptocurrency custodian in the United States. This approval from U.S. authorities allows the Brazilian fintech giant, backed by Warren Buffett's Berkshire Hathaway, to legally safeguard digital assets like Bitcoin (BTC) and Ethereum (ETH) for its American clientele. The move marks a significant expansion of Nubank's crypto services beyond its home region and signals growing institutional acceptance of digital currencies within the regulated U.S. financial framework. This development is expected to enhance security and trust for U.S. customers seeking regulated crypto custody solutions from a established banking player.