Colombian Bank to Accept Deposits & Withdrawals with Crypto Exchanges

[robertsmark]

Banco de Bogotá is Colombia’s first commercial bank to intend to test cryptocurrency exchange deposits and withdrawals as part of a government-sponsored trial to test banking services for crypto platforms.

According to Alejandro Beltrán, Colombia’s national manager for Buda.com, as cited by CoinDesk, in August, Banco de Bogotá would enable bank clients to transfer and receive money through Chilean crypto exchange Buda.com.

The mainstream acceptance of cryptocurrency has been excellent, which is critical since it is likely the crypto space’s primary objective.

Many steps have been made in this regard, and they will undoubtedly continue.


https://mycryptoparadise.com/colombian-bank-to-accept-deposits-withdrawals-with-crypto-exchanges/