According to Bloomberg, Nubank suspended cryptocurrency deposits and withdrawals in Brazil on November 7 due to issues with an external service provider. Other crypto asset products remain operational.
Mercado Pago, a digital finance platform controlled by Mercado Libre Inc., also restricted crypto asset transfers following a security incident at a third-party institution providing risk monitoring and anti-money laundering services. The company blocked certain transfers to external wallets as a precautionary measure.