THELOGICALINDIAN - Bitcoin barter Colbitex had a abbreviate lived success if you would like to alarm actuality accessible for a few canicule successful
Colbitex was Colombia’s aboriginal locally endemic bitcoin barter area bodies could buy and advertise bitcoin in Colombian Pesos (COP). It was accessible for a ages above-mentioned to activity alive in beta testing, and afterwards activity alive a few canicule after they accept shut down.
In June we appear that Colbitex launched in analysis mode with affairs to go alive in July, which they did eventually go live on July 25. However, a few abbreviate canicule after we accept apparent that the barter has bankrupt down, with a non-descriptive bulletin accounting on their website adage “Estamos en mantenimiento. Para cualquier duda contáctanos a [email protected],” which aloof agency they are in maintence approach and should acquaintance support.
Upon added digging, we begin a best added allusive bulletin on their Facebook page, about it’s still cryptic on absolutely what is happening. Colbitex wrote,
As the bulletin implies, Colbitex had to stop operations due to some array of adjustment conundrum. It’s not bright absolutely what is happening, but it was abundant for the barter to abutting it’s doors.
The Superintendencia Financiera de Colombia (SFC), the government anatomy amenable for administering banking systems in the South American nation, issued guidance two years ago on bitcoin and added agenda currencies and how they should be handled in the country.
The SFC issued a warning to consumers, and blocked banking institutions from holding, advance in or brokering bitcoin transactions, according to a report in 2014.
It appears not abundant has afflicted in agreement of bitcoin accepting from authorities in Colombia. In the accepted Colombian account website Semana.com, which has 3.1 actor followers on Twitter, they re-affirmed that in the country the SFC “prohibits banking institutions accept payments in basic currencies.”
Another advertisement Las2Orillas, wrote in commendations to adjustment of bitcoin in Colombia, that it “does not acutely ascertain [the] legal nature, and ambit that can accept Bitcoin aural Colombian territory.”
In Latin America, bitcoin accepting is still maturing, and is not broadly accustomed yet. In particular, by governments which are added acceptable and conservative, and in some cases decumbent to corruption.
According to Transparency International’s 2013 Corruption Index about Colombian President Juan Manuel Santso, they said,
In adjacent Chile, bitcoin hasn’t been accustomed able-bodied by the cyberbanking cartels, accurately Santander Bank. In Latin America, banks are frequently carefully angry to governments. Recently, we ran a adventure of how the Chilean bitcoin barter SurBTC absent 70% of their barter due to a Santander Bank blockade.
It’s not absolutely understood yet on the exact affidavit why Colbitex has shut down. We accept accomplished out to them for comment, and if we apprehend aback we will column an update with the details.
