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Nubank abruptly halts trading of its Nucoin cryptocurrency

https://coinjournal.net/news/nubank-abruptly-halts-trading-of-its-nucoin-cryptocurrency/
Nubank halts Nucoin trading to protect users from market volatility. Nucoin tokens can be redeemed for Bitcoin or USDC until December 9. Financial concerns, including rising non-performing loans, prompted the move. In a surprising turn of events, Nubank, the prominent Brazilian fintech company, has announced the immediate suspension of trading for its Nucoin cryptocurrency…