This is war: Colombian banks froze the funds of local crypto currency exchange

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2018-06-11 12:15:05

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This is war: Colombian banks froze the funds of local crypto currency exchange

The South American marketplace Buda was in an unenviable position. On 8 June, the company notified its customers about emergency freezing of means on accounts in Colombian banks. It is reported .

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Banks vs cryptocurrency – who will win?

Immediately after sending the user Buda said that he will be able to resume its work until 13 June. CEO exchange Alejandro Beltran called in an interview with the three troubled banks: Bancolombia, Davivienda and BBVA. These institutions closed the accounts of Buda without warning.

It Turns out that the reason for the decision of the banks was a letter from the Colombian financial controller. The authorities informed the representatives of the banks on the prohibition of doing business with cryptomeria.

On the day of freezing of the money Buda in the Senate of Colombia there has been debate about the possible role of cryptocurrency and blockchain in the country's history. The Senator from the party of Colombia's Green Alliance, Antonio Navarro Wolff said that the blockchain could change the lives of ordinary Colombians.

Butting between cryptomeria and official financial institutions are gaining new momentum. John McAfee is already the beginning of the war between the crypts and Fiat. It seems that now she's definitely started.

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