Bancolombia, the largest bank in Colombia, has taken amazing innovation steps by launching a crypto exchange called Wenia. According to Juan Carlos Mora, president of Bancolombia, the launch of the Wenia crypto exchange was to facilitate crypto adoption and trading in Colombia, so it is only intended for Colombian citizens living in the country. The main goal of the Wenia crypto exchange is to be able to play an active role and become a major player in the crypto world in Colombia and be able to compete with well-known exchange platforms such as Binance, Kraken Bitgo etc.
In addition, Bancolombia has launched a stable coin called
“COPW,” which is pegged to the Colombian Peso.
In addition, Bancolombia has launched a stable coin called
“COPW,” which is pegged to the Colombian Peso.
