Brazilian Exchange Mercado Bitcoin Plans to Resume Fiat Deposits and Withdrawals Next Week

深潮 TechFlow reported that, on November 11, according to Cointelegraph, a representative of Brazilian crypto exchange Mercado Bitcoin said the platform plans to resume BRL deposits and withdrawals next week via the instant payment system Pix. Users can withdraw funds only to accounts registered in their own name.

The exchange will also credit settlement proceeds from fixed-income products to customer accounts. Crypto asset deposits and withdrawals remain suspended, and no resumption date has been confirmed. The platform began restoring account access in read-only mode this Monday and plans to gradually restore more services.

Mercado Bitcoin was previously attacked, with estimated losses of about US$49 million from associated wallets.

Source: 深潮 TechFlow