popular bitcoin & crypto exchange platform, introduced that beginning on Tuesday, December 14th, it’ll launch its partnership with Colombian financial institution Bancolombia to supply an preliminary cohort of consumers of the financial institution an on and off-ramp to commerce bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Money (BCH) by way of the Gemini trade.Gemini, the
This partnership is a part of a one-year pilot program run by Colombia’s monetary regulator, the Superintendencia Financiera de Colombia (SFC), and can supply customers safe entry to crypto. Moreover, the partnership serves as an necessary step towards the strategic growth of Gemini’s presence in Latin America.
“We sit up for working carefully with the Colombian crypto ecosystem and to supporting crypto merchandise that empower Colombians to take management of their monetary lives. Gemini gives crypto companies and infrastructure to a rising variety of monetary establishments and asset managers internationally by way of Gemini Custody, Gemini Fund Options, and customized integrations with registered funding advisors and FinTech platforms. As a New York belief firm and certified custodian regulated by the New York State Division of Monetary Providers, the safety of our purchasers’ belongings is our prime precedence.”
– Cynthia Del Pozo, Principal, Strategy and Corporate Development at Gemini