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Colombia’s First Commercial Bank to Pilot Crypto Services

From coindesk.com

A Colombian commercial bank established in 1870 is to trial cryptocurrency services through a sandbox project set up by the country’s financial regulator. Banco de Bogotá said Monday that the pilot program begins this month and will allow the bank to explore business models and risks associated with the handling of crypto assets, according to a Portafolio report. The sandbox from the Financial Superintendence of Colombia is aimed to provide a "joint test space between the digital ecosystem and the National Government in terms of crypto assets," the news source said. The bank will select a limited group of clients f ... (full story)

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