Brazilian digital bank Nubank and Mercado Pago suspend some cryptocurrency transactions
Nov 7, 2026 17:47:49
According to Bloomberg, the Brazilian digital bank Nubank has temporarily suspended cryptocurrency deposits and withdrawals in Brazil due to issues with an external service provider, while other cryptocurrency asset products are operating normally.
The digital financial services platform Mercado Pago, controlled by Mercado Libre Inc., stated that a security incident at an institution providing risk monitoring and anti-money laundering services has caused instability in cryptocurrency asset transfers. The company added that as a precaution, it has blocked some transfers to external wallets.