Peru's largest bank, Banco Credit Peru (BCP), has received approval from national regulators to launch the country's first regulated crypto-asset pilot platform, Cryptococos. Some eligible customers can buy and hold Bitcoin (BTC) and USDC on the platform, which is hosted by US crypto infrastructure company BitGo.
The platform is a closed system, all transactions are conducted only internally, and transfer to external wallets is prohibited to ensure anti-money laundering and counter-terrorism financing compliance. Participating users need to be existing customers of BCP and complete a threat and risk assessment. This marks the first time that the Peruvian banking industry has been officially licensed to enter the digital asset space, BCP said.
Peru's largest bank BCP has been approved to launch a crypto trading pilot platform
2025-10-09 21:37:15
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