🏦 NUBANK AND MERCADO PAGO BOTH PAUSE CRYPTO TRANSFERS IN BRAZIL
💳 Both platforms suspend transfers
Nubank has temporarily suspended crypto deposits and withdrawals in Brazil after an external service provider experienced an outage. Mercado Pago has also blocked some crypto transfers to external wallets as a precaution, after its risk monitoring and anti-money laundering service provider experienced a security incident.
🌎 Scope of impact
Nubank is Latin America’s largest digital bank, with more than 100 million customers. Neither platform has announced when service will be restored or named the provider involved. Nubank said its other crypto products are operating normally.
🌤️ Crypto users in Brazil are waiting for deposits, withdrawals, and transfers to resume, while both platforms have yet to provide a specific timeline.
$BTC
💳 Both platforms suspend transfers
Nubank has temporarily suspended crypto deposits and withdrawals in Brazil after an external service provider experienced an outage. Mercado Pago has also blocked some crypto transfers to external wallets as a precaution, after its risk monitoring and anti-money laundering service provider experienced a security incident.
🌎 Scope of impact
Nubank is Latin America’s largest digital bank, with more than 100 million customers. Neither platform has announced when service will be restored or named the provider involved. Nubank said its other crypto products are operating normally.
🌤️ Crypto users in Brazil are waiting for deposits, withdrawals, and transfers to resume, while both platforms have yet to provide a specific timeline.
$BTC
