THELOGICALINDIAN - In Colombia the article managed by the Ministry of Finance and Public Credit the Banking Superintendence of Colombia Superfinanciera has appear the allotment of alliances amid Colombian banks and agenda bill exchanges So far Colombias banking administration has accustomed nine partnerships amid exchanges and civic banks in adjustment to accomplish cryptocurrency operations added attainable to citizens
Colombia’s Financial Superintendent Wants to Spread Crypto Accessibility
The Republic of Colombia in South America has been affable against crypto assets like bitcoin (BTC) and added agenda currencies over the years. More recently, during the aboriginal anniversary of January 2021, the Superintendence of Corporations in Colombia explained in an official annular that bounded firms can advantage basic to acquirement bitcoin.
Now the Banking Superintendence of Colombia (Superfinanciera) or FSC has appear a balloon amid adapted banking institutions in the country and agenda bill exchanges.
The alignment angry to Colombia’s Ministry of Finance and Attainable Credit aggregate a cheep on January 29, 2024, that abreast the attainable about the accord amid a cardinal of civic banks and a baddest accumulation of crypto exchanges. The mission is to accredit added cryptocurrency operations to accomplish the crypto abridgement in Colombia added accessible.
The action started in 2020, and a cardinal of exchanges had to get approval from the FSC in adjustment to participate. To date, the banking babysitter accustomed nine agenda bill exchanges so far, and the platforms Movii and Panda Exchange were included.
“The Evaluation and Monitoring Committee of the government pilot that will accredit cash-in and cash-out operations in banking articles of drop on account of crypto asset barter platforms called nine out of fourteen initiatives that activated for tests,” the FSC explained. Essentially, the Colombian government’s crypto head was created to enhance new technologies and banking products.
The Colombian Superintendence added said:
Panda Exchange Founder: ‘The Colombian Government Opened the Door to Real Crypto Adoption’
News.Bitcoin.com has appear on the amplification of Panda Exchange during the aftermost few years. In 2018, Panda broadcast its crypto-to-fiat trading markets, in 2019 the aggregation launched a cardinal of amalgam point-of-sale (PoS) crypto ATMs in Bogota and Venezuela.
Panda is partnered with Movii and in adjustment to become registered and a absolute Panda Exchange user, all an alone needs is a accurate Movii account.
“Our belvedere has been alive on this action and consecutive approval back aftermost division of 2020 in adjustment to be included in that important and avant-garde ruling,” the aggregation explained during the announcement.
Panda added added:
Speaking with news.Bitcoin.com, Panda Barter architect Arley Lozano said his aggregation was captivated to accomplish crypto assets added attainable to his Colombian brothers and sisters. “This is an befalling that our aggregation was cat-and-mouse for and assuredly the government has opened the aperture to the absolute crypto adoption,” Lozano stressed. “We are acutely blessed to be one of the crypto platforms that was called by Colombia’s banking authorities,” the barter architect concluded.
What do you anticipate about the Superfinanciera acknowledging nine crypto platforms for this initiative? Let us apperceive what you anticipate about this accountable in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Panda Exchange,
