Itaú lunches Oranje, MSTR competitor

Brazilian banking giant Itaú has invested $210 million in Bitcoin , launching a new company called Oranje to build a strategic Bitcoin reserve. Led by former Swan Bitcoin CEO Guilherme Gomes, Oranje aims to mirror Strategy’s model of holding Bitcoin as a core asset. The company plans to offer direct Bitcoin exposure with tax and operational benefits , backed by Itaú BBA and major law firms, signaling strong confidence in Bitcoin’s role in modern treasury strategies. Meanwhile, Argentina’s National Securities Commission (CNV) has proposed a new rule to regulate tokenized securities , creating a framework that treats digital versions of stocks, bonds, and other assets like traditional ones. This move positions Argentina as a regional pioneer in digital finance and is now open for public feedback. In Panama City, a groundbreaking deal allows residents to pay municipal taxes with cryptocurrency . Payments made through Towerbank’s subsidiary, Towertrust, are instantly converted to US dollars, offering a safe and compliant way for the city to innovate without handling crypto directly.

Source: Coinpaprika