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Buffett-backed Nubank Launching Cryptocurrency Next Year

Brazil’s Nubank will release its own cryptocurrency in conjunction with its recently announced customer rewards program. So reports Reuters.

Nubank, which is backed by world-renowned investor Warren Buffett, is planning to launch the coin sometime in H1 2023. The goal of the program is to offer benefits like perks and discounts to customers as they accumulate “Nucoins.”

Read the full story from Reuters.

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