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Brazilian exchange Mercado Bitcoin plans to resume fiat deposits and withdrawals next week.

Nov 11, 02:22

On November 11 that, according to Cointelegraph, representatives of Brazilian crypto exchange Mercado Bitcoin stated that the platform plans to resume Brazilian real deposits and withdrawals via the Pix instant payment system next week. Users may only withdraw funds to accounts registered under their own names.

The exchange will also credit settlement proceeds from fixed-income products to customer accounts. Crypto asset deposits and withdrawals remain suspended, with a resumption date yet to be confirmed. The platform began restoring account access in read-only mode this Monday and plans to gradually restore additional services.

Previously, Mercado Bitcoin was targeted in an attack, with associated wallets estimated to have lost approximately $49 million.

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