Bancolombia to Offer Crypto Trading in Financial Regulator's Pilot Program
regulation

Bancolombia to Offer Crypto Trading in Financial Regulator's Pilot Program

THELOGICALINDIAN - Bancolombia Colombias better coffer will be alms cryptocurrency trading to barter in a pilot affairs aural a authoritative framework accustomed by the countrys banking regulator the Superintendencia Financiera de Colombia SFC Barter of the Colombian coffer will be able to barter bitcoin ether litecoin and bitcoin cash

Bancolombia to Offer Cryptocurrency Trading to Customers in Regulatory Sandbox

Bancolombia, the better coffer in Colombia by absolute assets, is set to action cryptocurrency trading to barter in affiliation with cryptocurrency barter Gemini, a New York assurance aggregation and babysitter adapted by the New York State Department of Financial Services.

Cynthia Del Pozo Garcia, the exchange’s arch of action & accumulated development, appear Monday that starting Dec. 14:

The affiliation with Bancolombia “also serves as an important footfall against the cardinal expansion” of its attendance in Latin America, Gemini noted.

The barter added:

In January, the Superintendencia Financiera de Colombia announced that nine crypto initiatives will be accustomed to analysis their articles aural the La Arenera authoritative sandbox.

Besides the Bancolombia and Gemini partnership, added partnerships in the head are Banco de Bogotá and Bitso; Banco de Bogotá and Buda; Coltefinanciera and Obsidiam; Davivienda and Binance; Powwi and Binance; Coink and Banexcoin; Movii and Panda; and Movii and Bitpoint.

Do you anticipate all banks should action cryptocurrency trading? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons