Nubank halts some crypto transactions due to provider disruption

The Brazilian digital bank Nubank reported today (Friday) that it has been forced to suspend some cryptocurrency operations on its platform due to a technical failure at an external service provider. According to reports from Bloomberg News, as carried by StreetInsider and TradingView, the disruption directly impacts the ability of bank customers to perform cryptocurrency withdrawals and deposits in their accounts.

The company has not provided a timeline for the restoration of normal service or further details regarding the nature of the issue with the involved provider. Further details on the scope of affected customers and the duration of the outage have not yet been released.