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Colombia’s Bank Banco de Bogotá Will Let Users Transfer Money to Crypto Exchange
Summary: Banco de Bogotá, Colombia’s first commercial bank, plans to test allowing deposits and withdrawals with a crypto exchange, according to coindesk. As part of a government-sponsored pilot to test banking services for crypto platforms, Banco de Bogotá will allow bank customers to send and withdraw money from Chilean crypto exchange Buda.com in August, said Alejandro ...
Banco de Bogotá, Colombia’s first commercial bank, plans to test allowing deposits and withdrawals with a crypto exchange, according to coindesk. As part of a government-sponsored pilot to test banking services for crypto platforms, Banco de Bogotá will allow bank customers to send and withdraw money from Chilean crypto exchange Buda.com in August, said Alejandro Beltrán, Colombia country manager for Buda.com.
“Banco de Bogotá has been very detailed and careful in this process, which is understandable since it is entering a new world and they want to understand it in all its dimensions,” said the executive.
By Amy Liu
Tags: Bank,Colombia,Crypto Exchange
Link: Colombia’s Bank Banco de Bogotá Will Let Users Transfer Money to Crypto Exchange [Copy]
