The Brazilian retail company Magazine Luiza announced that its fintech Magalu announced this Thursday (19) it started selling cryptocurrencies. The initiative is the result of a partnership with the Brazilian exchange Mercado Bitcoin.
According to the announcement, from now on, it is possible to buy and sell on the Bitcoin (BTC), Ether (ETH) and USD Coin (USDC) platform. However, Magalu postponed its project to launch its own cryptocurrency, “Lucoin”.