Banco Santander's fintech arm, Ebury, is set to launch its Bitcoin and cryptocurrency services in Brazil, officially entering the local market as a Virtual Asset Service Provider (VASP). The new venture, scheduled to go live in January 2026, will initially focus on stablecoin on-ramp and off-ramp functionalities. Ebury has confirmed that these operations will fully comply with the latest regulatory framework for crypto exchanges established by the Central Bank of Brazil (Bacen). The company stated that the new offering aims to facilitate cross-border payments and settlements for businesses utilizing crypto assets, combining the efficiency of blockchain technology with banking-grade compliance. (Source: Livecoins)

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