Latam Crypto Exchange Airtm Halts Crypto Trading, Converts All Funds to Native Stablecoin

Airtm, a popular crypto exchange in Latin America, announced it will suspend all crypto deposits and withdrawals from Jan 4, 2023, and convert user crypto holdings to its native stablecoin Airusd, following service changes by an unnamed provider. Bank deposits to Europe and the US are also paused.