Published on June 9th, 2018 | by bitcoin0
South American Crypto Exchange Buda has had All Accounts Closed by Colombian Banks
Colombian banks closed all the accounts of South American crypto exchange Buda.com, local news outlet Diario Bitcoin reported June 8, citing an email the company sent to its clients.
According to the email, the move was spontaneous, the banks confirming that the accounts had been closed without providing further explanation.
The crypto exchange reported soon after the news that it was experiencing technical difficulties, but would fully resume services June 13.
On June 7, the same day banks closed Buda’s accounts, the Colombian Senate held a debate on the potential of cryptocurrency and blockchain in the country.
As Cointelegraph reported in March, Buda had already faced legal issues when a number of Chilean banks closed its accounts along with two other crypto platforms.