Brazil's largest digital bank Nubank announced the suspension of trading for its cryptocurrency Nucoin

2024-09-11 10:20:43

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ChainCatcher news, according to Portal do bitcoin, Brazil's largest digital bank Nubank announced that trading of its own cryptocurrency Nucoin will stop this Tuesday. This action marks the end of the cryptocurrency business launched in March 2023. Customers holding at least 100 Brazilian reais worth of Nucoins will be able to exchange them for Bitcoin or USDC (a stablecoin pegged to the US dollar). Users have up to 90 days to make this conversion, until December 9. If Nucoin holders do not make a choice by the deadline, the cryptocurrency will be retained for accumulation and "to benefit from the rewards program in the future."

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