Colombia Gets First Local Bitcoin Exchange
Until now, Colombians have had to rely on foreign services and exchanges in order to buy and sell Bitcoins. The problematic nature of this was illustrated best by the failure of Tokyo-based exchange Mt. Gox many moons ago. Regardless of whether you trust a foreign exchange are not, in the event that you lose your money, your options for recuperation are limited. Enter CriptoBanco, a trading platform launched by Merkabahnk with the help of Mimetic Markets. It has a wallet hosted by the world leader in cryptocurrency security, BitGo, who, as we recently reported, now offers the additional....
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Colombia may ban Bitcoin transactions next week. El Tiempo is reporting that Colombia is planning to ban all Bitcoin-related transactions next week. This news comes as quite a shock because the fact of the matter is Colombia is not exactly the first country that people think about when it comes to hotspots of cryptocurrency. The Finance Superintendent of Colombia has claimed that virtual currencies are not safe because they have no backing from government. He claims that Colombia already has a safe and useful currency and there's no reason for people to use bitcoins. The El Tiempo article....
The first Bitcoin exchange in Colombia, Colbitex, which opened just two weeks ago, has gone offline – apparently due to legal issues with digital currency in the country. Colbitex Goes Offline. Spanish-language cryptocurrency news site DiarioBitcoin reported the closure is a temporary measure while the company and regulators determine the legal framework....
Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia. Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia.As part of Bitso’s development strategy in Colombia, the exchange has hired former Mastercard executive Emilio Pardo as new country manager, the firm announced to Cointelegraph on Thursday.Pardo is former head of business development for the Andean Region at Mastercard, where he focused on fintech issues like instant and cross-border....
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle.
Bitso Expand Remittances Program to Colombia
Exchanges are embracing crypto as a useful tool to transfer value across borders. Bitso, a Mexican-based exchange with operations in several countries in Latam, has announced the launch of a....
Ripio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will crystallize in the following two months with the opening of an office in the country.
Ripio to Officially Launch in Colombia
The Argentinian exchange Ripio has offered more details when it comes to its expansion in Colombia. The company has declared it will offer a new proposal for....