Colombian Crypto-Exchange to Confront Banks for Closed Accounts
- Buda.com takes on banks months after similar lawsuit in Chile
- Virtual coins in "gray zone" with Colombian regulators
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A popular cryptocurrency platform in Colombia, Buda.com, slammed regulators in the South American nation after three banks shuttered its accounts without notice.
The crypto-to-crypto platform, which has about 35,000 accounts in Colombia and a total of 45,000 more in Peru, Argentina and Chile, is preparing action to recover the accounts closed by Banco Bilbao Vizcaya Argentaria, Davivienda and Bancolombia, director of Buda.com Alejandro Beltran said Tuesday.