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Mercado Livre | Latin America | E-commerce | Cryptocurrency Ads | Ban

Mercado Livre, the largest e-commerce company in Latin America, bans all cryptocurrency advertisements on their website, as revealed to Cointelegraph em Português in an exclusive interview.

As reported on March 18, the company’s users reported after receiving emails informing them about the change in Mercado Livre’s policy. As per new policy, all users are required to remove their listings that pertain to digital currency. In case of noncompliance, all listings will be automatically taken down from the platform, starting from March 19.

One of the users received a letter, stating:

We would like to inform you that as of March 19, you will no longer be able to advertise used products in the following categories:

– Cryptocurrencies

– Prepaid cards for games

Because you h...

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