Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August.
Banco de la Republica is working with IDB Group and Banco Davivienda on the project.
Companies can apply to the Bogota Innovation, Technology and Creative Industries Fund for investment as of today.
The Colombian government is implementing new anti-money laundering laws with local exchanges.
Banco de Bogotá will use the test to explore business models and risks around crypto assets.
Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.
In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.
The World Economic Forum is working with the Colombian government to see if blockchain-based transparency can help prevent a hotspot for corruption.
A partnership between two cryptocurrency firms will bring 20 new bitcoin ATMs to cities around Colombia, with plans to expand into Peru.
Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela.
Latin American financial regulator, the Superintendencia Financiera de Colombia, has become the latest member of the R3 blockchain consortium.
Jason Tyra examines the most significant bitcoin news from the world’s regulators and law courts.
Colombia issued its latest guidance on bitcoin on 1st April, clarifying its classification of the digital currency.
Despite fears Colombia would ban bitcoin outright this week, regulators have issued only a warning.
Colombian newspaper El Tiempo suggests the country's central bank will release new, potentially restrictive bitcoin regulation next week.