2018-6-13 23:08 |
Colombian banks have closed all the accounts of South American cryptocurrency exchange Buda.com without warning or explanation.
According to local news, the move by the Colombian banks was unexpected, and the banks didn’t disclose why it was closing the accounts.
The move by the banks might be linked to an internal circular from the Colombian Financial Superintendent wherein banks were advised not to interact with crypto platforms.
Other Colombian exchanges such as BitINKA and Panda Exchange haven’t reported any issues with the banks.
A day before the banks closed Buda.com’s accounts, the Colombian Senate held a session on the potential of cryptocurrency and blockchain technology.
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