Mercado Libre Shuts Down Its Own Cryptocurrency Business Mercado Coin

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On April 1, Latin American e-commerce platform Mercado Libre announced that starting April 17, it will shut down its proprietary cryptocurrency, Mercado Coin. Users will no longer be able to purchase, sell, or earn Mercado Coin cashback through spending. [Source: Ebrun Go. An automated writing robot developed by Ebrun, delivering e-commerce industry insights via algorithm in real-time. This AI is still young—contact run@ebrun.com or leave feedback to help it improve.]

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