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

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

Bancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial regulator, the Superintendencia Financiera de Colombia (SFC). Customers of the Colombian bank will be able to trade bitcoin, ether, litecoin, and bitcoin cash. Bancolombia to Offer Cryptocurrency Trading to Customers in Regulatory Sandbox Bancolombia, the largest bank in Colombia by total assets, is set to offer cryptocurrency trading to customers in partnership with cryptocurrency....


Related News

Gemini partners with Colombia's biggest bank for crypto trading

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....

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.

Pakistan to build Bitcoin mining farms in pilot program

According to a report by Reuters, the Pakistani government will launch a pilot program to build Bitcoin and other cryptocurrencies mining farms. Power by two hydroelectric sources and based on the province of Khyber Pakhtunkhwa, the national program seeks to obtain revenues from the current rally in the crypto market. The advisor to the provincial […]

Colombian gov’t invites companies to trial its crypto transaction framework

Colombia takes another important step towards regulating the nation’s crypto sphere. The government of Colombia has approved on September 22 a pilot program that calls companies to test crypto transactions until December 31 within the regulatory sandbox just passed by the country’s financial watchdog.During a panel titled “Overview of the Regulation of Crypto Assets in Colombia,” Jorge Castaño, head of Colombia’s Financial Superintendence (SFC), revealed that companies wishing to trial crypto transactions should apply by the end of the year, as the pilot will run in 2021.The new regulatory....

Coinbase Receives Overwhelming Response for 90-Day USAA Bitcoin Pilot

Just hours after announcing that the Texas-based diversified financial services group USAA has in partnership with Coinbase, launched a pilot that allows a randomly selected, limited group of USAA members to view their bitcoin balance on USAA.com and the USAA mobile app, the Bitcoin wallet and instant exchange company has received an overwhelming number of requests from unselected USAA members. The pilot was initially rolled out to USAA employees in September. NEWSBTC.com has learned that the program will run for approximately 90-days from 11/2/2015 - 1/29/2016. On being asked about the....