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Crypto exchange Gemini integrates with Bancolombia in Latin American expansion » CryptoNinjas

Gemini, the favored bitcoin & crypto exchange platform, introduced that beginning on Tuesday, December 14th, it’s going to launch its partnership with Colombian financial institution Bancolombia to offer an preliminary cohort of shoppers of the financial institution an on and off-ramp to commerce bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) by way of the Gemini exchange.

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 provide customers safe entry to crypto. Furthermore, the partnership serves as an essential step towards the strategic expansion of Gemini’s presence in Latin America.

“We look forward to working closely with the Colombian crypto ecosystem and to supporting crypto products that empower Colombians to take control of their financial lives. Gemini offers crypto services and infrastructure to a growing number of financial institutions and asset managers across the world through Gemini Custody, Gemini Fund Solutions, and custom integrations with registered investment advisors and FinTech platforms. As a New York trust company and qualified custodian regulated by the New York State Department of Financial Services, the security of our clients’ assets is our top priority.”
– Cynthia Del Pozo, Principal, Strategy and Corporate Development at Gemini

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