Brazilian digital banks Nubank and Mercado Pago suspend crypto transactions due to issues with external service providers.

November 7 - Brazilian digital bank Nubank announced that due to issues with an external service provider, it has temporarily suspended cryptocurrency deposits and withdrawals in Brazil, while other crypto asset products are operating normally.

Additionally, Mercado Pago, a digital financial services platform controlled by Mercado Libre Inc., reported instability in crypto asset transfers due to a security incident at an institution providing risk monitoring and anti-money laundering services. The company added that as a precautionary measure, it has blocked some transfers to external wallets. (Bloomberg)