Published On: Tue, Jun 12th, 2018

Colombian Banks Shut Down Buda Crypto Exchange Accounts

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Colombian banks have closed all the accounts of South American cryptocurrency exchange Buda.com without warning or explanation.The company experienced a similar issue in Chile some months back, where several banks decided to close its account along with those of several other exchanges. According to local news, the move by the Colombian banks was unexpected, and the banks didn’t disclose why it was closing the accounts. Buda.com sent an email to its customers where it explained the problems it was facing which were affecting withdrawals.The exchange said the closure of its accounts was sudden which …

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