Colombia’s Biggest Bank To Offer Bitcoin Trading
Bancolombia will soon offer its customers the ability to buy and sell bitcoin through a partnership with Gemini.Cryptocurrency exchange Gemini will soon offer frictionless bitcoin trading in Colombia for customers of the country’s biggest bank, Bancolombia, the company said in a statement Monday. However, it is unclear whether users will be able to withdraw funds — a vital feature for achieving the financial sovereignty that Bitcoin enables.The partnership is part of a government-sponsored pilot program. It will launch on December 14, giving an initial cohort of Bancolombia....
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The partnership will allow Bancolombia customers to trade a number of popular cryptocurrencies including BTC, ETH, and LTC. New York-based crypto exchange Gemini has announced that it will be expanding into Latin America through an upcoming partnership with Colombia’s largest bank, Bancolombia. The partnership will take effect Dec. 14, and will permit customers from Bancolombia to trade 4 crypto assets: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).A limited number of users will be able to buy crypto directly from their Bancolombia bank accounts through the Gemini....
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