Nubank Suspends Native Crypto Token Trading
The largest crypto bank in Latin America, Nubank, announced the immediate suspension of trading for Nucoin, its native crypto, following the token value’s decline by more than 97% in the past year. On October 19, 2022, Nubank disclosed the establishment of the Nucoin token on the Polygon blockchain. The bank discontinued trading nearly two years […]
Nubank Partners Lightspark to Integrate Bitcoin Lightning Network
In order to integrate Bitcoin Lightning Network transactions into its operations, Nu Holdings (Nubank) has formed a strategic alliance. Leading neobank Nubank was established in 2013 and has its main office in Sao Paolo, Brazil. Services offered by the bank are dispersed throughout Colombia, Mexico, and Brazil. Its most recent statement highlights a novel collaboration […]
Nubank partners with Paxos to allow clients to trade crypto
Nubank, Latin America’s largest digital bank, announced a partnership with Paxos that will allow its clients to purchase, sell, and store bitcoins directly through Nubank. Nubank said that it will dedicate around 1% of its net assets to Bitcoin (BTC) through the cashier of Nu Holdings, a business that manages the Nubank Group, in conjunction […]