The residents of Colombia will be able to buy cryptocurrency from a bank account
Bancolombia and Gemini have teamed up to launch a new crypto service
07.12.2021 - 07:45
117
1 min
0
What’s new? The US-based cryptocurrency exchange Gemini has finalized preparations for a project through which Colombians will be able to buy cryptocurrency from their bank accounts at Bancolombia, Del Pozo, strategy and corporate development lead at Gemini, said in a company blog post.
What is the essence of the project? Starting December 14, Bancolombia and Gemini will launch a joint service through which people will be able to freely buy Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) directly from their bank accounts. The service is at an early stage, the test period will last one year. The access to it will be open only to a limited number of users.
How did Gemini's representative comment on the project? Cynthia Del Pozo expressed concern about the financial situation in Latin America and added:
“Our partnership will serve as an important step toward the strategic expansion of Gemini’s presence in Latin America. We look forward to working closely with the Colombian crypto ecosystem and to supporting crypto products that empower Colombians to take control of their financial lives.”
Useful material?
Telegram 
Twitter Trends
Earlier, the French division of the network began accepting payments in bitcoins
Mar 29, 2023
Crypto regulations
The presidential decree obliges the leadership of the High-Tech Park to develop a concept for the development of the token sphere by July of next year
Mar 29, 2023
Incidents
The service team urged users to be more careful in the coming days in connection with the possible activation of scammers
Mar 29, 2023
Market
The law firm’s experts have called on Congress to end illegal pressure on the digital asset industry
Mar 29, 2023
Incidents
The attack affected the asset’s liquidity pool paired with BNB
Mar 29, 2023
Incidents
The phishing site offers potential victims to link a wallet to check the possibility of receiving the asset
Mar 29, 2023
Cryptocurrency rates
-
Bitcoin
$28 417
BTC
+6.03%
-
Ethereum
$1 813.91
ETH
+5.48%
-
Ripple
$0.57
XRP
+17.32%
-
Cardano
$0.39
ADA
+11.27%
-
Dogecoin
$0.08
DOGE
+5.34%
-
Polkadot
$6.26
DOT
+6.88%
-
Litecoin
$92.04
LTC
+6.66%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$158.27
XMR
+2.77%
-
Stellar
$0.11
XLM
+13.56%