Uruguayan payments giant DLocal disclosed a $5.6m exposure to FTX

BlockBeats: On November 18, Uruguayan payments giant DLocal was the latest company to disclose its exposure to the FTX, stating in its third quarter earnings report that it had an exposure of US $5.6 million. "" We do not work with any other cryptocurrency trading platform and our exposure to the cryptocurrency ecosystem is minimal, as FIA payments processed for cryptocurrency trading platforms amounted to less than 0.3 percent of our TPV (total payments) in the third quarter of 2022," "the company said.